Coinbase is experiencing notable developments in its financial services, including a stablecoin yield of approximately 12% for users depositing USDC, although the company has recently imposed a limit of $1 million per account. Additionally, around $100 million in Bitcoin is being utilized as collateral through Coinbase's loan products, which are part of a decentralized finance (DeFi) initiative. The platform has also seen significant participation from users borrowing USDC on-chain. However, concerns have been raised regarding account security, as some users, including on-chain investigator ZachXBT, reported their accounts being locked multiple times without explanation. Furthermore, there are allegations of a data leak that Coinbase reportedly did not fully disclose, leading to criticism of the company's transparency and security practices.