Ravi Rani

Financial Services and Loyalty Eng (CB1, Coinbase One Card, Defi Lend, Borrow, Staking, Payments) @Coinbase. Formerly at @Twitch, LunoHQ, @Eventbrite, @Apple

[Coinbase 🛡️ @coinbase]

What if every payday your money just went exactly where you wanted it?

Direct deposit is live on Coinbase.

Automatically split your pay into cash and crypto every payday with zero trading fees, and join Coinbase One to earn 3.5% on your USDC balances.

Your money. Your rules.

[Coinbase 🛡️ @coinbase]

Do you want:

> Zero trading fees
> 3.50% USDC rewards
> Boosted staking APY
> Exclusive reward drops for the whole month
> The peace of mind of making a good decision
> And 𝘮𝘰𝘳𝘦?

Then join Coinbase One with 20% off your first year and earn big with exclusive rewards in May.

[Coinbase 🛡️ @coinbase]

You wouldn't leave cash sitting in an account that earns nothing.

So why is your crypto just sitting idle?

Stake. Lend. Earn.

Everything you’re missing, all in one view.

[Ravi Rani @ravirani]

The platform enabling @coinbase's onchain products and how we launched 3 new 0 to 1 products (Borrow, Lend, Dex on @base and @solana) within a year!

https://t.co/EKZ4mGF3ds

[Ravi Rani @ravirani]

Expanding our Borrow offering beyond ETH & BTC.
Users can now instantly borrow up to $100K in USDC with $DOGE $XRP $ADA or $LTC as collateral directly from the @coinbase app!

[Coinbase 🛡️ @coinbase]

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).

[Ravi Rani @ravirani]

Amazing to see users discovering Borrow and appreciating the simplicity we had set out to achieve.

Getting liquidity against your crypto assets, using the power of onchain without leaving the @coinbase app, has never been easier.

[MacroScope @MacroScope17]

In the decade I’ve been posting here, I’ve never done a product review. But here’s one that may interest readers.

I tried out Coinbase’s “borrow” product. This lets customers borrow cash using their BTC as collateral. I didn’t have a need for this, but since it’s becoming a popular retail-facing product for Coinbase and other companies, I wanted to see how easy they’ve made it.

I was amazed. The entire process was simple and took just a few minutes. You deposit BTC as collateral and get USDC, which is immediately convertible to USD, then a quick transfer to your linked bank account. It’s seamless and you never leave the platform. The variable APR 30-day average is currently 4.82%.

Of course DeFi borrowing has been around a long time. But my sense is that many people in this space don’t realize how easy the process has become for the casual, non-tech user (or how competitive the APRs are). It certainly makes BTC an even more useful and attractive asset to own.

My main takeaway was “disruption.” Once you get in the trenches and see how quickly products are evolving in this space, you understand the growth potential -- and how much the legacy Wall Street firms will lose if they don’t adapt and dive in.

[Coinbase 🛡️ @coinbase]

Singing > watching.

So we got millions of people watching the Big Game to sing along with us.

Oh, and we put it on the world's largest LED screen @SphereVegas.

[Coinbase 🛡️ @coinbase]

Powered by @Morpho. Running on @base.

Get started: https://t.co/QGbyPQStf9

Legal stuff:

Availability and terms vary by jurisdiction, are subject to eligibility and market conditions.Available in the U.S. (excl. NY). Rates are variable and subject to change. Loans involve risk (incl. collateral liquidation) Coinbase does not provide tax, legal, or investment advice; consult your own advisor. Powered by Morpho.

[Ravi Rani @ravirani]

Continuing to expand crypto utility.

ETH-backed Loans are now live on @coinbase, enabling users to get instant access to liquidity without selling their ETH.

[Coinbase 🛡️ @coinbase]

If you believe in somΞTHing, this one's for you.

ETH-backed loans are here.

You can borrow USDC against your Ethereum, unlocking liquidity without selling.

Available now in the U.S. (ex. NY).

[Ravi Rani @ravirani]

🚀 Next week is all about celebrating our @coinbase One members; starting with the most no-brainer 40% off annual upgrade and never-seen-before rewards as well as early access benefits 🔥

[Coinbase 🛡️ @coinbase]

Coinbase One Member Week starts on Monday.

Five days of rewards, boosts and early access drops.

40% off annual memberships are already live if you don’t want to miss out.

[Brian Armstrong @brian_armstrong]

Fun clip from our earnings call. Everyone loves the Coinbase One card!

[Ravi Rani @ravirani]

Developed in record time.

GA in record time!

Excited to get this out for all US users to stack Bitcoin from everyday purchases.

[Coinbase 🛡️ @coinbase]

Cashback. Categories. Miles.

Mid.

We went with something better.
Turn everything you buy into Bitcoin.

The waitlist is over.
Now open for everyone in the US to apply.

[Coinbase 🛡️ @coinbase]

Making big things on big buildings in NYC with @Figma.

[Brian Armstrong @brian_armstrong]

Cool new Coinbase feature: send USDC instantly to anyone anywhere with just a phone number or code.

[Merlin Egalite 🕛 @MerlinEgalite]

Coinbase DeFi lending is now fully live!

$100M+ already originated in 2 weeks, before the full rollout.

Next stop → $1B.

[Brian Armstrong @brian_armstrong]

Next goal: $100B in onchain borrow originations.

These adoption charts are what every product manager wants to see: hockey stick growth. The onchain economy is thriving.

Proud of the team for making DeFi more accessible and easier to use.

[Shan Aggarwal @ShanAggarwal]

Excited to expand our partnership with @Samsung

75M+ Galaxy users in the US can now try Coinbase One and benefit from zero-fee trading, boosted staking rewards, and the new CB1 Card (earn up to 4% back in BTC on any purchase!)

The future of finance, in the palm of your hand

[Coinbase 🛡️ @coinbase]

A deal is a deal.

If you have a Coinbase One membership and you were on the waitlist, you’re not anymore. Your invite email is on the way.

[Ravi Rani @ravirani]

Continuing our journey to bring DeFi products to Retail users. First with Borrow, then DEX and today Lend.

Users can earn up to 10.8% reward by lending USDC to @MorphoLabs vaults without leaving the @coinbase app.

[Coinbase 🛡️ @coinbase]

There’s a new way to grow your bags.

Lend your USDC, earn up to 10.8% currently.

DeFi lending is rolling out on Coinbase.

[Ravi Rani @ravirani]

We have been hard at work to get to this milestone. Incredibly excited to share more details and start shipping!

Signup for Coinbase One for priority access!

[Coinbase 🛡️ @coinbase]

Coinbase One Cards have started shipping.

Here’s the TL;DR ↓