CryptoSlate reports that US credit card debt has surged to $1.29 trillion. Coinbase promotes Bitcoin-backed loans starting at 5.1%, but the actual savings may vary due to fees and the risk of liquidation if Bitcoin's value drops. This situation highlights a growing divide in collateral use for loans.
Based on the CryptoSlate report; not independently verified.
Source published: Wed, 11 Nov 2026 11:40:03 +0000
[Read the original report](https://cryptoslate.com/us-card-debt-hits-1-29-trillion-as-bitcoin-loans-expose-a-collateral-divide/)
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