JoelWalbert on Nostr: This sounds like a recipe for disaster ...

This sounds like a recipe for disaster

quoting note1fdg…s5sv

⚡️🇺🇸 NEW - Coinbase just launched ETH collateral for crypto-backed loans, powered by Morpho.

“Borrow USDC without selling your crypto. Loans originate in seconds, no additional credit checks, repayment anytime.“