Dossier
cbETH
Coverage of cbETH in the Nexus archive.
- Coinbase rolls out UK crypto-backed loans as FCA shapes rules
Coinbase has introduced USDC loans for UK users, backed by BTC, ETH, and cbETH, expanding its borrowing services as the UK develops a crypto regulatory framework. The move aligns with the Financial Conduct Authority's (FCA) efforts to establish clearer rules for the crypto industry.
- Coinbase expands USDC borrowing to UK, allowing loans against bitcoin, ether
Coinbase has expanded its USDC borrowing feature to the UK, enabling users to secure loans of up to $5 million in USDC by collateralizing Bitcoin, Ether, and cbETH. The service leverages Morpho on Base to facilitate these crypto-backed loans.