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Coinbase Supports Borrowing USDC Against PAXG Collateral

2026-11-06 23:31

TechFlow News, November 6 — According to Coinbase's official announcement, users can now instantly borrow USDC on Coinbase using PAX Gold (PAXG) as collateral to gain liquidity without selling their tokenized gold holdings.

Coinbase said the lending feature is powered by Morpho and built on Base.

Source: TechFlow