EconomyCoinbase fixed-rate Bitcoin loans can put healthy collateral at risk after maturity
Coinbase’s fixed-rate Bitcoin-backed USDC loans add a separate liquidation risk: borrowers must repay the full balance by a set maturity date. If they miss it, Morpho liquidators may take collateral even when the loan-to-value ratio remains healthy. A falling collateral value can still trigger liquidation before maturity.
Coinbase fixed-rate Bitcoin loans can put healthy collateral at risk after maturity
Economy