Coinbase, a leading cryptocurrency exchange, has announced that the total value of its Bitcoin-backed loans has exceeded $1 billion, signaling a significant milestone for the platform. This development comes as the exchange gears up to increase its borrowing limit, allowing customers to leverage their Bitcoin holdings for additional financial opportunities. The rising demand for these loans underscores the growing interest in cryptocurrency as both an investment and a means of financial support.
source: https://www.coindesk.com/markets/2025/09/30/coinbase-s-bitcoin-backed-loans-surpass-usd1b-as-exchange-prepares-to-lift-borrowing-cap