Coinbase Adds XRP, ADA and DOGE-Backed Loans for U.S. Customers
Coinbase announced it will now accept XRP, ADA and DOGE as collateral for loans to U.S. customers, extending its lending roster beyond major tokens. Borrowers can use those altcoins to secure loans without liquidating positions, a feature likely to appeal to retail holders who want short-term fiat or stablecoin access while maintaining market exposure. The expansion may boost borrowing demand and provide additional liquidity for these tokens, but it also brings added volatility risk for lenders and borrowers: loan-to-value ratios, interest rates and liquidation thresholds will determine how safe collateralized positions remain during price swings. Availability and exact terms may vary by state and are subject to Coinbase’s compliance and underwriting rules, making this a notable but cautious step in mainstreaming altcoin-backed lending in the U.S.