With the ability to borrow up to $1 million in USDC instantly, this rollout offers a powerful new option. It gives Bitcoin holders fast access to funds without selling their crypto.
The Bitcoin loans feature has quickly gained traction. Over $100 million in USDC has already been borrowed in less than 100 days.
Low-Cost Bitcoin Loans, Built for Everyday Users
Backed by MorphoLabs and powered by Base, this new lending option offers low rates starting at just 5%. This is about half the cost of similar crypto-backed loans. It also adds zero hidden fees and a seamless user experience. The basic idea is simple: lock your Bitcoin as collateral and borrow USDC, a widely used dollar-pegged stablecoin, without having to sell your BTC. This means users can keep their upside exposure while accessing funds for everyday needs, investing, or larger purchases.
Bitcoin-backed loans are now fully rolled out to all US users (ex. NY). You can instantly borrow up to $1M in USDC on Coinbase. ↓ pic.twitter.com/zvZkxSaKHO
— Coinbase
What sets this launch apart is how accessible and affordable it is. Traditionally, crypto-backed lending platforms came with high rates, complex interfaces, and long wait times. Coinbase’s new feature cuts through all that, delivering an experience that’s closer to what mainstream consumers expect. Instant, intuitive, and transparent. For comparison, many centralized platforms offer crypto-backed loans at rates of 10–12%. At 5%, Coinbase’s offering is a game-changer.
More About Bitcoin
Bitwise CIO Matt Hougan says the traditional four-year Bitcoin cycle may be a thing of the past. In a recent statement, Hougan shared his belief that this cycle will last “much longer” than usual, pointing to the maturing nature of the crypto market and increasing involvement from institutional investors.
NEW: Bitwise’s CIO Matt Hougan believes Bitcoin’s 4 year cycle is dead and this cycle will last “much longer.”
pic.twitter.com/CVLQcZxQQV
— CryptosRus (@CryptosR_Us) April 30, 2025
Unlike previous boom-and-bust patterns driven largely by retail speculation and Bitcoin halving events, Hougan argues that today’s market is shaped more by long-term adoption trends, regulatory clarity, and growing interest from large asset managers.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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