Coinbase to Offer XRP, DOGE, ADA in Crypto Lending Expansion
February 19, 2026
Coinbase, a prominent cryptocurrency exchange, is broadening its horizons in the crypto lending sector by extending its services to include Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Litecoin (LTC), in addition to the existing offerings for Bitcoin (BTC) and Ethereum (ETH).
Through this move, users now have the opportunity to borrow up to $100,000 in USDC against their tokens, without the need to liquidate their assets. This initiative marks an expansion from the initial announcement made by the company in early 2025, allowing users to borrow against their Bitcoin holdings, later expanding to include Ethereum in November of the same year.
The decision by Coinbase to include more cryptocurrencies in its lending services signifies a significant development in the company’s trajectory towards becoming an all-encompassing platform for users. Recent reports indicate that as of the end of the fourth quarter, Coinbase held a substantial amount of XRP totaling $17.23 billion on its platform. Furthermore, the exchange reported additional “other crypto assets” amounting to $27.28 billion, showcasing a diverse range of holdings besides the more widely known Bitcoin, Ethereum, Solana, and USDC.
Google stock trading data indicates that Coinbase’s shares witnessed a slight dip of 0.1% in pre-market trading on Thursday. Retail sentiment surrounding the company has been notably positive, with data suggesting a strong bullish trend in discussions about Coinbase over the past day.
With users currently able to borrow up to $5 million in USDC against their Bitcoin holdings and up to $1 million against Ethereum, the newly expanded lending services have garnered significant interest, culminating in more than $1.9 billion in loan originations to date.
The move aligns with Coinbase CEO Brian Armstrong’s vision of transforming the company into an “everything app” for users, a strategic pivot that was underscored during the company’s recent keynote event in December. By offering enhanced crypto lending services and diversifying its range of supported cryptocurrencies, Coinbase aims to position itself as a comprehensive platform catering to various digital asset borrowing needs.
In the cryptocurrency market, the overall trend has seen a 1.6% decline in the last 24 hours, resulting in a market valuation of approximately $2.37 trillion. Bitcoin’s price experienced a 2% drop, hovering below $67,000, while Ethereum saw a 2.7% decrease, falling below the $2,000 mark to $1,960. Market sentiment around these major cryptocurrencies has tended towards a bearish outlook as observed on Stocktwits in recent discussions.
Other notable cryptocurrencies such as XRP, DOGE, ADA, and LTC, have also witnessed a decline in prices. Retail sentiment surrounding these digital assets has varied, with XRP experiencing a bearish tone, Litecoin holding a neutral stance, and Dogecoin and Cardano maintaining a bullish sentiment.
As Coinbase continues to expand its lending services and diversify its supported cryptocurrency offerings, the platform is positioning itself as a key player in the ever-evolving landscape of digital assets. This strategic endeavor underscores the company’s commitment to providing innovative financial solutions and enhancing the user experience within the cryptocurrency ecosystem.
