com. Ethereum holders can now access cash without selling their coins using Coinbase’s new ETH-backed loans. Coinbase’s feature may reduce sell pressure, which also could help Ethereum prices more stabilize and recover. As one of the leading U. S. cryptocurrency exchanges, Coinbase has expanded its lending service in a major way by introducing ETH-backed loans. U. S. users now have a simple way to borrow money without having to have their Ether sold. This feature, which was launched in November 20, 2025, allows eligible users that are also outside New York City to borrow up to $1 million in USDC by using ETH as guarantee. As anticipated in a recent Crypto News Flash November 18, 2025 In response, analysts noting that this solves a common problem for people who need liquidity but do not want to trigger taxable sales or miss future upside. Coinbase explained that the entire system operating through Morpho on Base, its Ethereum layer-2 network, which transactions cost only a few cents, making the borrowing process much faster and cheaper than using Ethereum’s main chain. Furthermore, the company mentioned that this update improves its previous lending system, which had only supported Bitcoin-backed loans. Coinbase also confirmed that BTC-backed loans now go up to $5 million. The Impact on Ethereum (ETH) Markets This launch comes at a time when Base is growing super fast, and.