Crypto-backed borrowing is gaining traction as Coinbase extends a proven U.S. lending model into the U.K. The move broadens access to on-chain liquidity and signals wider international growth for Coinbase’s credit strategy. Key Takeaways: Coinbase expanded U.K. access to USDC loans backed by BTC, ETH, and cbETH. Morpho strengthens Coinbase’s on-chain lending push as borrower […] 
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