🚨 COINBASE LETS YOU BORROW USDC AGAINST TOKENIZED GOLD
Coinbase now lets eligible U.S. users borrow USDC against PAX Gold (PAXG) — without selling their gold. It is the first time Coinbase Borrow has accepted a non-crypto, real-world asset as collateral.
🥇 Each PAXG token is backed by one fine troy ounce of physical gold, issued by Paxos
🔗 Loans are powered by the Morpho protocol on Base — the integration already holds about $3.4B in collateral and $1.7B+ in active loans
📊 77% liquidation LTV threshold, variable rates, no fixed repayment schedule
🇺🇸 Available to eligible U.S. users, excluding New York
Source: TheStreet / The Defiant / CryptoBriefing, announced Nov 6, 2026
#Coinbase #Gold #DeFi #Crypto #Stablecoins #Zimbuck
Coinbase now lets eligible U.S. users borrow USDC against PAX Gold (PAXG) — without selling their gold. It is the first time Coinbase Borrow has accepted a non-crypto, real-world asset as collateral.
🥇 Each PAXG token is backed by one fine troy ounce of physical gold, issued by Paxos
🔗 Loans are powered by the Morpho protocol on Base — the integration already holds about $3.4B in collateral and $1.7B+ in active loans
📊 77% liquidation LTV threshold, variable rates, no fixed repayment schedule
🇺🇸 Available to eligible U.S. users, excluding New York
Source: TheStreet / The Defiant / CryptoBriefing, announced Nov 6, 2026
#Coinbase #Gold #DeFi #Crypto #Stablecoins #Zimbuck
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