Coinbase launches ETH-backed loans as onchain lending tops $1.25B

Cointelegraph.com NewsUsers can borrow up to $1 million in USDC against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans. 

​Users can borrow up to $1 million in USDC against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans.