Coinbase’s Base launches “Earn & Borrow” for Ethereum layer-2 apps

Coinbase's Base layer-2 network has launched an "Earn & Borrow" feature that lets apps on the network offer yield-earning and borrowing products. The move expands DeFi functionality on Base and could increase activity and utility tied to Ethereum's layer-2 ecosystem. Traders may view it as a modest positive for ETH sentiment, though the direct price impact is likely limited given it is a product rollout rather than a major capital or regulatory event.