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Coinbase’s Bitcoin loans could hit $100B target by 2030 - Coin Surges
Summary by coinsurges.com
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1 Articles
Coinbase’s Bitcoin loans could hit $100B target by 2030 - Coin Surges
Coinbase has surpassed $1 billion in on-chain Bitcoin-backed loan originations eight months after launching the product in January 2025, and CEO Brian Armstrong has set a $100 billion lifetime originations target.. The run rate implied by the first eight months is roughly $125 million per month, which frames the pace required to reach the new objective. The loans post Bitcoin collateral on the chain via Coinbase-wrapped Bitcoin, cbBTC, which is …
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