Bitcoin Yield Gains Traction: Coinbase Introduces Lending Service

Major cryptocurrency platforms are expanding Bitcoin’s utility through new interest-bearing products, opening doors to increased liquidity and opportunities for investors. Coinbase has taken a prominent step in this direction, launching a USDC loan service that allows holders to earn interest on their BTC holdings while leveraging up to 86% of their value as collateral. This innovative approach marks a shift away from traditional Bitcoin storage, unlocking new financial possibilities for the asset.