Coinbase Expands On-Chain Lending Collateral to XRP, DOGE, ADA, and LTC on Morpho Base

The Morpho-based Base protocol now supports XRP, DOGE, ADA, and LTC as collateral, enabling qualified US users to borrow up to $100,000 in USDC without selling their assets.

Rich by Coin

2026-02-18

Coinbase has expanded its on-chain, collateralized lending by adding XRP, DOGE, ADA, and LTC as eligible collateral assets through the Morpho protocol on the Base network. The service now supports these assets to back loans, while BTC and ETH remain available as collateral on the same platform. Morpho’s Base-based architecture underpins the new collateral options.

Qualified U.S. users (excluding New York) can borrow up to $100,000 in USDC without selling their collateral. Previously, BTC could back loans up to $5 million and ETH up to $1 million. The Morpho-based, on-chain lending service on Base has facilitated more than $1.9 billion in loans to date. Coinbase also charges a one-time origination fee, which is included in the loan principal.