Coinbase Onchain Loans Expand With XRP DOGE ADA and LTC

What are the Benefits of the Coinbase Onchain Loans Update for Assets?

Getting cash from your crypto just got a whole lot easier. Coinbase has recently updated its Coinbase onchain loans service to include popular coins like XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC). This is a big win for U.S. investors who want to spend money without having to sell their favorite tokens. By using this service, you can borrow up to $100,000 in USDC stablecoins while still keeping your digital asset in your wallet.

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For a long time, these loans were only available for Bitcoin and Ethereum. But now, with the Coinbase onchain loans expansion, more people can make their portfolios work for them. Whether you need money for a sudden bill or a new investment, this update gives you a safe and professional way to get liquidity. Except for those in New York, most U.S. customers can start using these new options today.

Unlock Cash from Your Portfolio with Coinbase Onchain Loans

The technology behind onchain loans is built to be very secure and transparent. It uses a system called the Morpho protocol, which runs on the Base network. Instead of a bank checking your credit score, the system simply looks at the value of the crypto you put up as "collateral". This means the process is fast and open to everyone with a supported wallet.

The Main Benefits for Users

Avoid Selling Your Coins: You don't have to give up your position in the market just to get some cash.

No Credit Checks: The loan is based purely on the math of your crypto value, not your bank history.

Fast Liquidity: Get USDC stablecoins almost instantly once your collateral is deposited in the smart contract.

Potential Tax Savings: In many cases, borrowing against your crypto is not a taxable event, unlike selling it for a profit.

Expert Analysis: A Better Way to Bank on the Blockchain

This update to Coinbase onchain loans is a major milestone for the crypto world. It shows that the industry is moving away from old, hidden systems toward ones that everyone can verify on the blockchain. By using Morpho and Base, Coinbase is offering a hybrid model: you get the trust of a big exchange and the safety of decentralized code.

As we look further into 2026, we expect to see even more types of assets added as collateral. The goal is to turn your crypto wallet into a full-service bank account. While you must always watch the market price to avoid being liquidated, Coinbase onchain loans are becoming a core tool for any smart investor.

Your Money Your Life (YMYL) Disclaimer: Borrowing against your crypto is very risky. If prices drop fast, you could lose your assets. This news report is for information only and is not financial or tax advice.