Bitcoin Loans Boom: Coinbase Plans Bigger Borrowing Cap

Coinbase (COIN) says its bitcoin-backed loan program has crept past the $1 billion mark since January, which is not a bad trick if you’re into collateral and marching bands. It’s another nudge in the direction of the idea that crypto can be a respectable guest at the finance party, even if it still arrives wearing a hoodie and a cape.


