Coinbase users can now borrow USDC against bitcoin at a fixed rate

What happened

Coinbase users can now borrow USDC against bitcoin at a fixed rate

Why it matters

The development may change operating conditions or market expectations around Coinbase, Bitcoin, USDC. Further confirmation and measurable outcomes matter.

Affected entities

View evidence

3 reports · 1 original report · 3 independent

1. CoinDeskPrimary source · Supports · EN · 49%
   Coinbase users can now borrow USDC against bitcoin at a fixed rate ↗Sep 23, 2026, 3:49 AM
2. The BlockIndependent · Supports · EN · 100%
   Coinbase adds fixed-rate bitcoin-backed loans through Morpho Midnight ↗Sep 22, 2026, 10:13 AM
3. DecryptIndependent · Supports · EN · 58%
   Borrow Against Your Bitcoin at a Fixed Rate: Coinbase Expands Morpho Loans ↗Sep 23, 2026, 2:15 PM

Claims

• Coinbase users can now borrow USDC against bitcoin at a fixed rate Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

1. September 22, 2026 at 10:13 AMFirst reported
2. Sep 23, 2026, 3:50 AMUnverified · 70/67%
3. Sep 23, 2026, 2:16 PMCorroborated · 70/73%

Market move following event

Score explanation