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ARTICLE · 24 JANUARY 2025

Weekly Blockchain Blog – January 20, 2025

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A major U.S. cryptocurrency exchange recently launched a "Bitcoin-based loans" product that allows customers to post BTC as collateral for USDC loans. According to a blog post, the loans are "powered by Morpho.

United StatesTechnology

U.S. Web3 Companies Launch Products and Tech Integrations

By Robert A. Musiala Jr.

A major U.S. cryptocurrency exchange recently launched a "Bitcoin-based loans" product that allows customers to post BTC as collateral for USDC loans. According to a blog post, the loans are "powered by Morpho, an open source lending protocol on Base." (Base is an Ethereum L2 network initially launched by the crypto exchange in 2023.) According to the blog post, "Borrowing against bitcoin instead of selling it, can help delay a tax gain or loss."

In other news, the software company that developed the protocol for the world's largest decentralized exchange (DEX) recently announced an integration with Ledger Live, an application for swapping digital assets directly on user hardware devices. According to a press release, with the integration "[u]sers can now swap tokens on the [DEX] without leaving the Ledger Live interface, all the while maintaining complete control of

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