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Coinbase opens PAXG-backed USDC borrowing across US except New York

NewsFeeds update

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 opens PAXG-backed USDC borrowing across US except New York

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