Coinbase Opens USDC Borrowing Against PAX Gold

Crypto Insight Summary: The gold-backed token joins Coinbase’s collateral options, while its loan-health pricing updates only during gold-market hours. Crypto Insight Analysis: Direction: Bullish PAXG Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: USDC borrowing against PAXG expands its utility and may support demand, but the effect on the broader market is limited.