The Defiant reports that Coinbase has introduced PAX Gold as a collateral option for USDC borrowing. This addition allows users to borrow against a gold-backed token. However, the loan-health pricing updates will only occur during gold-market hours, potentially affecting users' borrowing strategies.

Based on the The Defiant report; not independently verified.

Source published: Fri, 06 Nov 2026 15:39:15 GMT

[Read the original report](https://thedefiant.io/news/defi/coinbase-opens-usdc-borrowing-against-pax-gold)

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