Search results for cbETH
Crypto
Morpho launches fixed-rate lending protocol on Base
DeFi protocol Morpho has launched Midnight, a fixed-rate and fixed-maturity lending protocol, on the Base mainnet. The product adds maturity-based lending to Morpho Blue, its variable-rate lending market. Midnight lets lenders and borrowers propose interest rates, maturities and other terms directly, with loans set by competing offers rather than utilization curves or algorithmic pool pricing. It initially supports cbBTC and USDC across multiple maturities.
Crypto
Coinbase adds SOL-backed onchain loans of up to $100,000
Coinbase has added Solana-backed onchain loans, allowing users to deposit their SOL and borrow up to $100,000. The loans use the same structure as Coinbase’s existing crypto-collateral lending, which links to Morpho on Base, The Block reported. Coinbase said the SOL addition is aimed at making the platform more suitable for Solana trading and custody. Since launch last year, cumulative loans have exceeded $2.3 billion.
Crypto
Coinbase lists pound-pegged stablecoin tGBP, expands UK push
Coinbase has listed tGBP, a pound-pegged stablecoin issued under the UK Financial Conduct Authority framework, on its global platform. The token is issued by BCP Technologies and is backed by cash and short-term UK government bonds, redeemable 1 to 1 for pounds. Coinbase opposed requiring systemically important issuers to hold 40 percent of reserves as non-interest-bearing central bank cash and criticised issuance caps.
