Coinbase Now Lets You Borrow Against Gold, Offering USDC Loans Backed by PAX Gold in Its App
Coinbase now lets eligible US customers outside New York borrow USDC against PAX Gold (PAXG) in its app, using a new Morpho market on Base. It is the first time Coinbase Borrow has accepted a physical commodity as collateral, and borrowers face variable rates and possible liquidation if the gold price falls.
Anais






