Coinbase Adds XRP, ADA, LTC, DOGE as Collateral for Crypto-Backed Loans

Crypto exchange Coinbase expands its crypto-backed loan offerings to XRP, Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE), allowing users to borrow up to $100,000 in USDC stablecoin without selling the crypto assets.

Coinbase Expands Crypto-Backed Loans to XRP, ADA, LTC, and DOGE

In an X post on February 19, Coinbase has expanded its on-chain crypto-backed loans beyond Bitcoin (BTC) and Ethereum (ETH). The leading crypto exchange added XRP, Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE) as eligible collateral crypto assets.

Users can now borrow up to $100,000 in USDC against XRP, Cardano, and Litecoin via Morpho on the Base network. Currently, it allows eligible U.S. users (excluding New York) to borrow USDC stablecoin instantly without selling their holdings.

This follows the top crypto-backed loans platform’s earlier support for Bitcoin, which allowed borrowing up to $5 million in USDC. For Ethereum, the borrow limit is up to $1 million. Coinbase claims it is “perfect for down payments, debt refinancing, or urgent bills.”

Holding XRP, DOGE, ADA, or LTC?

Now you can unlock the value of your portfolio without giving up your position.

Borrow up to $100k in USDC against your tokens, instantly, without selling.

Available now in the U.S. (ex. NY). pic.twitter.com/Uozxim3t7C

— Coinbase 🛡️ (@coinbase) February 18, 2026

Will These Crypto Assets Rebound amid Liquidity Boost?

XRP, ADA, LTC and DOGE as collateral will unlock substantial liquidity for holders, without treating borrow transactions as a taxable event. This is also useful amid volatility and uncertainty in the crypto market, as it allows access to the USDC stablecoin without selling tokens and leaving Coinbase.

XRP bounces nearly 1% to $1.42, recouping some losses in the past 24 hours after the announcement by Coinbase. The 24-hour low and high are $1.41 and $1.49, respectively. Furthermore, trading volume has decreased by 10% over the past 24 hours, indicating cautious trading amid broader market pressure.

ADA and DOGE are down 3% over the last 24 hours, extending their fall following the FOMC Minutes release. Currently, ADA is trading at $0.274 and DOGE is moving near $0.0987.

LTC also recovered some losses and is now down 1%, with the price currently trading at $53.56. The intraday low and high are $53 and $54.88, respectively. Trading volume dropped more than 15% over the past 24 hours.