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Coinbase offers Bitcoin-backed loans to U.S. users again

Publicly-traded United States-based cryptocurrency exchange Coinbase is offering Bitcoin-backed (BTC) loans to its U.S. users once again. Eligible United States-based customers — which excludes New York residents — can borrow up to $100,000 in the USD Coin (USDC) stablecoin from Coinbase while leveraging their Bitcoin holdings as collateral, according to a recent announcement.

 

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