{"id":590129,"date":"2026-04-22T07:30:00","date_gmt":"2026-04-22T07:30:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=590129"},"modified":"2026-04-22T07:30:00","modified_gmt":"2026-04-22T07:30:00","slug":"coinbase-now-lets-uk-users-borrow-against-their-bitcoin-and-ethereum-2","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=590129","title":{"rendered":"Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><a href=\"https:\/\/decrypt.co\/364890\/coinbase-now-lets-uk-users-borrow-against-their-bitcoin-and-ethereum\"><em>Via Decrypt.co,<\/em><\/a><\/p>\n<ul>\n<li>\n<p><em>Coinbase launched crypto-backed USDC lending for U.K. users on Monday.<\/em><\/p>\n<\/li>\n<li>\n<p><em>Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million.<\/em><\/p>\n<\/li>\n<li>\n<p><em>The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base.<\/em><\/p>\n<\/li>\n<\/ul>\n<p><strong>Crypto exchange Coinbase has\u00a0<a href=\"https:\/\/www.coinbase.com\/en-ca\/blog\/uk-users-can-now-borrow-usdc-against-their-crypto-holdings\">expanded its lending service<\/a>, now allowing U.K. customers to borrow USDC stablecoins using their\u00a0<a href=\"https:\/\/decrypt.co\/resources\/what-is-bitcoin-four-minute-instant-guide-explainer\">Bitcoin<\/a>\u00a0or\u00a0<a href=\"https:\/\/decrypt.co\/resources\/what-is-ethereum-quickly-explained-four-minute-guide\">Ethereum<\/a>\u00a0holdings as collateral.<\/strong><\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Coinbase-phone-decrypt-style-01.jpg?itok=KP8HFt2w\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Coinbase-phone-decrypt-style-01.jpg?itok=KP8HFt2w\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"5e8cbb81-1b2a-457d-8fc2-9542c9f5a18f\" data-responsive-image-style=\"inline_images\" height=\"281\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Coinbase-phone-decrypt-style-01.jpg?itok=KP8HFt2w\" alt=\"\" \/><\/a><\/p>\n<p>The service operates through Morpho, an open-source lending protocol on\u00a0<a href=\"https:\/\/decrypt.co\/resources\/what-is-base-coinbases-layer-2-chain\">Base<\/a>\u2014the Coinbase-backed Ethereum layer-2 network\u2014that powers Coinbase&#8217;s crypto-backed loans.<\/p>\n<p><strong>U.K. users can pledge cryptocurrency as collateral to access USDC liquidity without liquidating their digital assets.<\/strong><\/p>\n<p>Borrowing limits vary by collateral type.<\/p>\n<p><strong>Bitcoin holders can access up to $5 million in USDC, while Ethereum-backed loans top out at $1 million, depending on the amount pledged.<\/strong><\/p>\n<p>Coinbase first launched the crypto-backed loan service in the United States in January 2025, and said it has facilitated $2.17 billion USDC in loan originations as of April 14.<\/p>\n<p>The lending product adds to Coinbase&#8217;s growing U.K. service portfolio.<\/p>\n<p><strong>The exchange introduced decentralized exchange trading for U.K. users just last week, and previously launched savings accounts in November 2025. <\/strong><\/p>\n<p>These offerings followed Coinbase&#8217;s February 2025 FCA registration, which enabled the firm to expand regulated services in the market.<\/p>\n<blockquote>\n<p><em><strong>\u201cCrypto-backed loans are part of Coinbase\u2019s efforts to build the number one financial app in the U.K.,\u201d <\/strong>said Coinbase U.K. CEO, in a statement.<\/em><\/p>\n<p><em>\u201cWe want to be the best place for U.K. consumers to invest, manage and grow their money.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Coinbase (COIN) shares on the Nasdaq are down about 1% on the day at a current price above $204, though they\u2019re up nearly 17% over the last week amid broader crypto and stock market recoveries.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 04\/22\/2026 &#8211; 03:30<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Coinbase-phone-decrypt-style-01.jpg?itok=KP8HFt2w\" title=\"Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum Via Decrypt.co, Coinbase launched crypto-backed USDC lending for U.K. users on Monday. Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million. The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base. Crypto exchange&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=590129\">Continue reading <span class=\"screen-reader-text\">Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":590127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[18,19,10,21,12,11,9],"tags":[],"class_list":["post-590129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cancel-culture","category-censorship","category-civil-liberties","category-election-integrity","category-equal-justice","category-free-speech","category-religious-freedom","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/590129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=590129"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/590129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/590127"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=590129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=590129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=590129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}