[Coinbase Launches Crypto Collateralized Lending in the UK, Supporting Borrowing USDC with BTC, ETH, and cbETH] According to Deep Tide TechFlow, on April 20, Coinbase announced the launch of its crypto collateralized lending service in the UK. Users can use BTC, ETH, and cbETH as collateral to borrow USDC within one minute. The service is supported by the open-source lending protocol Morpho on the Base chain. Coinbase stated that this product was first launched in the United States in January 2025. As of April 14, 2026, the total amount of loans issued via Coinbase's integration with Morpho has exceeded 2.17 billion USDC. Users can view loan health, historical annualized interest rates, and liquidation alerts within the Coinbase App. Interest rates will dynamically adjust based on market conditions.