Coinbase Expands Crypto-Backed Loans to XRP, DOGE, ADA and LTC With $100K USDC Limit
Coinbase expanded its crypto-backed loan product to support XRP, DOGE, ADA and LTC, enabling users to borrow up to $100,000 in USDC without selling their holdings, according to today's market recap. The same summary noted the XRP Ledger introduced a members-only DEX for regulated institutions, while Base will transition off the OP Stack to its own unified stack but continue relying on Optimism for mission-critical support. The European Central Bank is working toward issuing a digital euro by mid-2029, with a pilot phase scheduled for 2027, and altcoins have seen 13 consecutive months of net spot selling on centralized exchanges amid limited institutional accumulation.