Coinbase Adds Solana Support to Crypto-Backed Loans as Originations Top $2.3 Billion The exchange has expanded its crypto-backed onchain le…
Coinbase Adds Solana Support to Crypto-Backed Loans as Originations Top $2.3 Billion
The exchange has expanded its crypto-backed onchain lending product to support Solana as collateral, allowing users to borrow up to $100,000 against their SOL holdings.
Coinbase’s crypto-backed loan originations have surpassed $2.3 billion to date, with BTC-backed loans accounting for approximately $2.17 billion and ETH-backed loans totaling around $110 million.