Coinbase CEO: Cryptocurrency-backed loans on Coinbase have exceeded $1 billion.

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ODAILY
01-08
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According to Odaily Odaily, Coinbase CEO Brian Armstrong stated in an article on the X platform that loans using cryptocurrency as collateral on Coinbase have now exceeded $1 billion. Armstrong believes this proves the theory that one can enjoy the convenience of Coinbase while simultaneously accessing DeFi functionality.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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