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Coinbase Launches Borrowing Up to $1M Against Staked Ether | CoinDesk Daily
Coinbase now allows user to borrow $1M with staked ETH.
Coinbase is now letting users borrow up to $1 million against their cbETH without selling. The move unlocks liquidity for U.S. investors but liquidation risks remain. CoinDesk's Jennifer Sanasie explains on "CoinDesk Daily."
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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By CoinDesk
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Coinbase now allows user to borrow $1M with staked ETH.
Coinbase is now letting users borrow up to $1 million against their cbETH without selling. The move unlocks liquidity for U.S. investors but liquidation risks remain. CoinDesk's Jennifer Sanasie explains on "CoinDesk Daily."
-
This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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