most people still don't know you can get an *instant* loan up to $1m against your Bitcoin on @coinbase
and that the experience is built 100% onchain, powered by @base, @MorphoLabs, @USDC and the smart wallet
Crypto loans are close to mainstream adoption.
Did you know that you can get a loan on your BTC like you can get a mortgage on your house?
Borrowing against your crypto loans has been possible onchain for 8+ years with products like MakerDAO and Aave but the non-custodial UX has been a blocker for many. Centralized services like BlockFi have also offered it, though they weren't transparent, took too much risk and blew up.
Now Coinbase offers onchain loans via Morpho in a hosted wallet. Users get a good UX and the transparency and liquidity of an onchain product. Gamechanger.
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