Coinbase BTC-Collateralized Loan Terms Include Liquidation Risks
Coinbase has introduced a fixed-rate USDC loan product collateralized by Bitcoin. The terms stipulate that assets may be subject to liquidation upon maturity if the loan remains unpaid, regardless of the health of the collateral. The product was launched on September 22 in collaboration with Morpho.
Summaries are written by AI from the original article. Not investment advice.