📰 【Coinbase Launches Crypto Collateralized Lending Service in the UK: Supports Borrowing USDC with BTC, ETH Collateral】

BlockBeats News, April 20 — Coinbase announced the launch of a crypto collateralized lending service in the UK. Users can use BTC, ETH, or cbETH as collateral to borrow USDC within a minute, gaining liquidity without selling their holdings. The product is based on the decentralized lending protocol Morpho deployed on the Base network. Currently supported collateral assets include BTC, ETH, and cbETH. The lending interest rate is floating; it is dynamically adjusted by the protocol based on market conditions. Users can repay at any time, with no fixed term. The official statement says the service has made progress in the U.S. market, and as of mid-April 2026, through Morpho ...
Coinbase is playing this hand really smart—taking what the U.S. has already played with and bringing it to the UK, calling it “innovation” with a straight face.$BTC $ETH Borrowing USDC with collateral sounds convenient, but how many retail investors can actually understand the risks of floating interest rates and decentralized protocol? In essence, it’s just telling you not to sell your coins—locking them up as fuel. Doing this on the Base chain means the profits stay in-house, with all fees and spreads eaten by themselves. Brothers, the institutional scythe has already been sharpened for overseas—behind this “convenience” are calculations. Liquidity is provided, but your chips are no less at risk. 👇👇👇👇👇