Coinbase’s Base launches Earn & Borrow for Ethereum layer-2 apps

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Coinbase’s Base launches Earn & Borrow for Ethereum layer-2 apps
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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Coinbase's Ethereum Layer-2 network, Base, has introduced "Earn & Borrow," an integration layer for in-app yield and loans. It relies on third-party protocols rather than a native lending protocol. Recent data shows an average stablecoin yield of 4.45% in these markets, excluding incentives.

Base, Coinbase's Ethereum Layer-2 network, has introduced "Earn & Borrow", an integration layer that lets applications offer variable-rate stablecoin yield and crypto-collateralized loans.

The system uses third-party protocols like Morpho and Aave. The update aims to improve in-app access to credit and yield markets built on Base, rather than introducing a native lending protocol.

Recent data indicates an average stablecoin yield of 4.45% in these markets, excluding incentives.

Crypto Briefing says the development could point to a growing role for Ethereum, potentially influencing market perceptions of its future price. Still, the source notes that market pricing for Ethereum reaching $10,000 by December 2026 remains low, with a 0.9% YES probability.

Source: Crypto Briefing

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