Today’s Insider ⬇️
🏦 Crypto Credit: Coinbase adds ETH-backed loans via Morpho, letting users borrow up to $1 million
🚀 First Move? Kyrgyzstan launches gold-backed stablecoin USDKG
📈 Market Expansion: Tether plants its flag in Latin America with Parfin acquisition
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $86,477 | -3.10% | -8.56% |
Ethereum | $2,837 | -2.72% | -7.94% |
Solana | $133 | +0.69% | -43.19% |
XRP | $2.00 | -1.61% | +83% |
S&P 500 | $6,550 | -1.38 | +11.62% |
Gold | $4,075 | -0.16 | +52.72 |
1. Coinbase Expands Onchain Lending with $1M USDC Loans Backed by ETH
Crypto credit: Coinbase now allows users to borrow up to $1 million in USDC against ETH on the Morpho protocol, expanding its on-chain lending product portfolio.
🔎 Insider Insight: Coinbase’s move highlights the growing shift toward DeFi lending as on-chain credit markets hit record highs. By supporting ETH and future assets, Coinbase aims to attract long-term holders seeking liquidity without triggering taxable events.
Top Crypto Insider Pick of 2025
BlockchainFX Is Redefining Trading Experience with Innovative DeFi Solution
BlockchainFX (BFX) is changing the way global trading works by blending traditional financial markets with the power of decentralized technology. The platform offers seamless access to a variety of assets, including cryptocurrencies, stocks, forex, and commodities, all within one streamlined ecosystem.
With blockchain’s transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience to cater to both experienced traders and beginners. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: With the $11 million funding milestone surpassed, BlockchainFX is proving its strong market appeal. At a presale price of $0.03, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token—it’s a practical tool for modern traders.
2. Kyrgyzstan Launches Gold-Backed Stablecoin USDKG to Attract Global Investments
First move? Kyrgyzstan launches USDKG, a gold-backed stablecoin pegged to the U.S. dollar, aiming to attract investments and strengthen its position in global finance.
🔎 Insider Insight: Kyrgyzstan’s USDKG combines the stability of gold with blockchain innovation, showcasing the government’s ambition to integrate into Web3 and global financial systems. This move positions the country as a potential hub for blockchain-driven investment and technology partnerships.
What does TVL means in crypto terms
3. Tether Acquires Parfin to Boost USDT Adoption in Latin America
Market expansion: Tether expands into Latin America by acquiring Parfin, a digital asset custody platform, to boost USDT adoption and bridge traditional finance with blockchain technology.
🔎 Insider Insight: Tether’s move underscores Latin America’s growing role as a global crypto hub, driven by institutional demand and high transaction volumes. The acquisition positions Tether to capitalize on the region’s increasing reliance on stablecoins for remittances and cross-border transactions.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
