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Coinbase launches USDC onchain lending product yielding as much as 10.8% (COIN:NASDAQ)
Seeking AlphaΒ· 2025-09-18 18:32
Coinbase Global (NASDAQ:COIN) is introducing an onchain lending product that lets users earn yields of up to 10.8% on their USDC (USDC-USD) stablecoin deposits, it said on Thursday. The new feature will be rolled out to users over the coming ...
X @Token Terminal πŸ“Š
RT David Alexander II (@Mega_Fund)Onchain lending continues to accelerate. In August, there were over $40B in total active loans, growing 24% ($8B) month-over-month and more than 3x from August 2024.Moreover, there is now more than $100B in borrowing liquidity available. Markets are becoming more efficient, utilization rates are steadily increasingAnd it's not just confined to one ecosystem. Protocols like @KaminoFinance have grown their business considerably, now serving $1.7B of active loans on Solana, wh ...
X @Token Terminal πŸ“Š
RT Milk Road (@MilkRoadDaily)3/ Onchain lending is boomingActive loans on @base have already crossed $1.5B.The growth train isn’t slowing down. ...