Coinbase Expands Lending Platform with HYPE and ZEC
Coinbase has added two new assets to its lending platform, HYPE and ZEC. These cryptocurrencies can now be used as collateral for loans of up to $100,000. The borrowing product is powered by Morpho and available to eligible US users outside New York.
This expansion allows more customers to access liquidity through the platform. It also reflects Coinbase's ongoing effort to enhance its lending capabilities.