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Coinbase says PAXG-collateralised loans now offered in Canada and US

NewsFeeds update

Coinbase says PAXG-collateralised borrowing, supported by Morpho, is now available in the US except New York and in Canada. Rates are variable and loans carry liquidation risk, the company says.

AltcoinsOdailyAIBullish

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The story so far: Coinbase PAXG-backed USDC borrowing

Coinbase opened PAXG-backed USDC borrowing for users in the US outside New York. It now says the Morpho-supported service is also available in Canada, with variable rates and liquidation risk, and Morpho says Coinbase app users can borrow against Paxos tokenised gold on Base.

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  1. Coinbase says PAXG-collateralised loans now offered in Canada and US

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