Coinbase Offers Fixed-Rate Loans for Bitcoin Holders

Coinbase has introduced a new feature that allows users to borrow USDC against their Bitcoin holdings at a fixed interest rate.

The move aims to provide customers with a stablecoin loan option, which can be used for various purposes such as trading or hedging.

The interest rates are fixed and will not change over time, providing users with predictable costs.

This development comes as the cryptocurrency market continues to evolve, with more institutions offering lending services to their customers.