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Coinbase brings $5M crypto-backed loans to UK. via Morpho on Base – TON BOT

Coinbase brings $5M crypto-backed loans to UK. via Morpho on Base

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Coinbase has introduced crypto-backed loans in the UK, allowing users to borrow up to $5 million in USDC against digital assets such as bitcoin and ethereum. The loans, issued through Morpho on Base, have variable interest rates and no fixed repayment schedule, with liquidation tied to collateral value thresholds. The service is expanding globally, with plans for additional countries and support for more assets. Coinbase is also integrating artificial intelligence into its operations, with AI systems assisting employees in decision-making and idea generation. The company aims to have more AI agents transacting online than humans in the near future.

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