Market StructureInfrastructure Integration
Coinbase Opens USDC Borrowing Against PAX Gold - The Defiant
Coinbase and supporting DeFi integration protocols have opened USDC borrowing markets backed by PAXG collateral.
So what
Enabling direct USDC credit generation against PAXG collateral creates a seamless loop between safe-haven real-world assets and on-chain liquidity pools. This operational coupling enhances capital velocity for commodity-backed token holders, driving higher velocity and deeper liquidity integration across institutional crypto rails.