Bitcoin-backed loans have surpassed $1 billion in collateral on Coinbase, marking a significant milestone in the use of cryptocurrency for financial services. This development underscores the growing trend of leveraging Bitcoin as collateral, reflecting increased trust and adoption in the crypto space. The milestone, reported on July 15, 2025, highlights Coinbase's pivotal role in facilitating these innovative financial products.
Bitcoin-Backed Loans Exceed $1 Billion in Collateral on Coinbase
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