2026-04-20 08:16:43
Major CEX Launches Crypto-Backed Lending in UK, Supporting BTC, ETH, and cbETH for USDC Borrowing
A centralized exchange launched crypto-backed lending services in the UK, allowing instant USDC loans using BTC, ETH, and cbETH as collateral, powered by Morpho. Total loans issued surpassed $2.17 billion since the service's US debut in January 2025.