Coinbase Unveils Fixed-Rate Loans and Retail IPO Access Amidst Explosive Growth Predictions
Coinbase has made significant strides in its offerings, announcing the launch of fixed-rate Bitcoin-backed loans through Morpho Midnight. This new feature allows users to borrow USDC with interest rates and repayment dates set upfront.
This move comes after Coinbase launched access to initial public offering (IPO) allocations for retail investors in the United States, available directly through its mobile app.
Brian Armstrong, CEO of Coinbase, projected that Bitcoin could reach between $300,000 and $400,000 by 2030, citing explosive growth as a driving factor.