Coinbase Credit market onchain
powering small businesses with loans, increasing innovation within a decentralized world..

USDC loans on @coinbase, powered by @MorphoLabs: 

May 2 - $120,000,000
Apr 2 - $45,000,000
Mar 2 - $14,000,000
Feb 2 - $2,000,000
Jan 2 - $0

Just $265M BTC being put to work as collateral

&gt;100x more BTC sitting idle https://t.co/2Yp28GW7jJ

Credit markets are moving onchain

We eventually want to power small business loans, home loans, car loans, uncollateralized loans, etc.

Many people in the world don’t have access to credit. We can make it a more efficient (and global) market onchain.

Brian Armstrong

Coinbase Credit market onchain
powering small businesses with loans, increasing innovation within a decentralized world..

https://x.com/brian_armstrong/status/1918766101435240921?s=19