DeFi should feel 'magical' for average consumers, says Coinbase product director behind new bitcoin-backed loans
The Scoop
Revolutionizing Loans with Bitcoin Back Loans
In this chapter, the discussion centers on Coinbase's innovative product, Bitcoin Back Loans, allowing users to borrow USDC against their Bitcoin holdings without selling. The episode emphasizes the user-friendly nature of this solution, bridging the gap between decentralized finance and traditional banking. It explores the evolution of DeFi, highlighting the demand for accessible financial products that simplify the borrowing process for everyday consumers.
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