Coinbase’s ETH Lending Plan Remains Unconfirmed, Market Awaits Official Details

Uncertainty surrounds Coinbase’s rumored plans to launch a new ETH lending product, leaving the market to speculate on its potential impact on Ethereum liquidity and crypto financing options. While reports suggest Coinbase may leverage Morpho Labs for this purpose, official confirmation from both companies remains pending. This unconfirmed initiative has sparked anticipation amongst users seeking alternative borrowing mechanisms for their holdings, with Coinbase potentially enabling loans worth up to $1 million in USDC using Ethereum as collateral.