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Coinbase Launches UK Loans Paid Out In USDC Stablecoin
Coinbase announces the launch of crypto-backed loans for its consumers in the UK, as individuals can borrow balances in USDC stablecoin.

Coinbase is opening up stablecoin borrowing in the UK with Bitcoin and Ethereum as collateral (Jack White / Unsplash)
Coinbase launches crypto-backed loans in the UK.
Coinbase will be offering consumers loans paid out in USDC stablecoin on their platform, with Bitcoin and Ethereum qualifying as collateral assets. This will be primarily via the Morpho protocol integration on the Base network, with fiat conversion to GBP available inside the app.
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