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📰 【Coinbase Expands USDC Lending Business to the UK After Strong Demand in the US】
Crypto-backed lending is gradually gaining attention, and Coinbase is expanding its US-verified lending model to the UK. This move broadens the ways to access on-chain liquidity, and signals Coinbase’s further expansion of its credit strategy internationally. Key takeaways: Coinbase...
Coinbase really just copied the US playbook and brought it straight to the UK. $USDC Lending business that works in the US doesn’t mean it’ll be able to adapt and thrive in the UK. Don’t let retail investors get carried away by “international expansion”—at its core, it’s a liquidity tool for institutions and big players, and has little to do with you or me. Remember, any lending product is a double-edged sword: leverage in a bull market is just the icing on the cake, but when a bear market comes, it’s a death sentence.👇👇👇👇👇