MarketPR
Coinbase Global ($COIN) surged 9.9% after the exchange announced two partnerships: one involving Bitcoin-backed mortgages, another linked to stablecoin payouts.
The back-to-back deal disclosures drove one of the exchange's sharper single-session moves in recent months. The Deals Driving the Move The source attributes the rally directly to two distinct arrangements.
The first ties $BTC as collateral in a mortgage product — a structure that lets holders borrow against their Bitcoin position rather than liquidate it to fund real estate.
The second involves stablecoin payouts, extending Coinbase's footprint into settlement or disbursement workflows.
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