Coinbase adds Solana collateral support, allowing users to lend up to $100000

Coinbase announced the expansion of on chain encrypted collateralized lending services, adding Solana as collateral asset support. Users can lend up to $100000 in liquidity based on SOL holdings. This service runs on the Morpho lending infrastructure on the Base network, which is consistent with the mortgage loan structure of assets such as Bitcoin and Ethereum. Ben Shen, Head of Financial Services at Coinbase, stated that this move will enhance the funding efficiency and liquidity experience for Solana ecosystem users. （The Block）