Bitcoin holders are borrowing on Base at record levels.

First reported Oct 19, 2026, 15:02 UTC

Source reports

Bitcoin holders are borrowing on Base at record levels. Dollar loans against bitcoin on Morpho’s Base markets are up about 55% this year to $1.6B, and the borrowing rate has dropped from about 7.5% to 5% over the past year. Much of that demand comes from Coinbase customers, who… — @Delphi_Digital (X), Oct 19, 2026, 15:02 UTC

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