Coinbase has achieved a significant milestone by surpassing $1 billion in Bitcoin-backed loan originations since the product's launch in January 2025. The company has set an ambitious target of reaching $100 billion in lifetime originations by 2030, emphasizing on-chain collateralization and public-proof reserves. This development underscores Coinbase's expanding role in the crypto lending market and its potential influence on Bitcoin liquidity and market dynamics. The achievement reflects the growing demand for crypto-backed financial products and Coinbase's strategic positioning in this evolving sector.