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Coinbase Users Can Now Borrow Against Their Gold Holdings via Morpho

Coinbase Users Can Now Borrow Against Their Gold Holdings via Morpho

Photo: Crypto Economy

Coinbase has integrated USDC loans backed by PAX Gold (PAXG), the physical gold token issued by Paxos. The feature operates natively within its application, leveraging the smart contracts and decentralized markets of the Morpho Blue protocol deployed on the Base Layer-2 network. Gold in a vault. Liquidity in your account. You can now instantly borrow ... Read more

Source: Crypto Economy

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