Coinbase Expands Crypto-Backed USDC Loans to XRP, DOGE, ADA and LTC with $100k Limit

Coinbase expanded its crypto-backed lending product to include XRP, DOGE, ADA and LTC, allowing customers to secure instant loans of up to $100,000 in USDC, the platform announced. The service enables users to obtain liquidity without selling their crypto assets by using them as collateral for USDC borrowing.