Coinbase has introduced a feature allowing U.S. users to borrow up to $1 million in USDC by using their staked Ethereum (cbETH) as collateral without having to sell their ETH. This service helps users access liquidity while maintaining their exposure to staked ETH earnings. It represents an innovative way to leverage staked assets without exiting their position.
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Coinbase Enables U.S. Users to Borrow Up to $1 Million in USDC Using Staked Ethereum as Collateral
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