Coinbase Opens USDC Borrowing Against PAX Gold
Headline from The Defiant
Key points
- Coinbase has expanded its borrowing options by allowing users to take out USDC loans using PAX Gold as collateral.
- The gold-backed digital asset joins existing collateral choices on the platform.
- Coinbase noted that loan-health pricing for PAX Gold positions will update exclusively during standard gold-market operating hours rather than continuously around the clock.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantCoinbase Opens USDC Borrowing Against PAX Gold · 47 minutes agoRead on The Defiant
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