COINBASE LAUNCHES BITCOIN BACKED LOANS

Summary from the TLDR Crypto newsletter

Coinbase has launched a feature that allows users to access USDC loans backed by Morpho markets directly in its app, bridging the seamless user experience of fintech with the efficiency of DeFi. This integration not only enables users to use crypto-backed loans for real-world purposes, but also encourages fintechs and institutions to adopt open financial infrastructures, expanding DeFi's accessibility and impact.