According to online reports, 1confirmation founder Nick Tomaino wrote on the X platform that crypto loans will soon be adopted by the mainstream, and BT can now be used to obtain loans, just like you can use a house to obtain a mortgage. On-chain lending backed by cryptocurrency loans has been available for more than eight years through products such as MakerDAO and Aave, but an unmanaged user experience has always been an obstacle for many people, and centralized services like BlockFi have also provided this kind of service, but it is not transparent enough, too risky, and ultimately leads to failure. Coinbase now provides on-chain loans in managed wallets through Morpho, and users will get a good user experience as well as transparency and liquidity of on-chain products, which is a disruptive change.