Matrixport Launches Gold Token XAUm Collateralized Loan Product, Further Expanding XAUm Financial Use Cases

By: theblockbeats.news|2025/07/16 14:42:02
0
Share
copy

BlockBeats News, July 16th, Matrixport announced the official launch of the gold token XAUm collateralized lending product on July 16th, supporting XAUm holders to pledge XAUm in the Matrixport APP to borrow USDC or USDT, with a collateralization ratio of 80%. Matrixport's lending products now support collateralized loans for 10 mainstream assets including BTC, ETH, SOL, STBT, and more.

This move comes after Matrixport announced the establishment of a $3 million XAUm strategic reserve, further solidifying its commitment to "promote the enhancement of XAUm application scenarios." Public information shows that XAUm has previously supported swap functions on protocols such as UniSwap, PancakeSwap, Rooster, and has been integrated into mainstream on-chain protocols with over-collateralization such as Kinza Finance, Avalon Finance, and Curve Lend. By integrating XAUm collateralized lending in the Matrixport APP, it not only expands the financial use cases of the gold token XAUm in centralized institutions but also simplifies the way for XAUm holders to increase capital efficiency.

-- Price

--

You may also like

Four Key Truths and Cost Traps Behind Polymarket LP Market Making Incentives

The potion left in the witch's hand is still poison; let's wait for Polymarket's major announcement tomorrow.

San Francisco Stablecoin Weekly Insights: The XYZ Coordinate System of 2026

Stablecoins 2026 New Narrative: No longer just "issuing coins," but reconstructing global financial infrastructure along three dimensions: AI payment authorization, RWA on-chain credit, and cross-border on-chain FX.

Asia's Next Great Dog Coin Debuts at the Weex AI Trading Hackathon

A BNB Chain meme token inspired by the Shih Tzu dog, blending community culture, creativity, and long‑term loyalty in Web3.

Fluxor: Connecting Global Builders With the WEEX AI Trading Hackathon

A hackathon platform connecting builders and creators to collaborative opportunities and innovation in Web3, enabling AI-oriented developers to experiment and create at scale.

The growth of AI-driven tools and community collaboration in Web3 has created new opportunities for developers worldwide. As a community partner and sponsor of the WEEX AI Trading Hackathon, Fluxor's mission to unify hackathon experiences and foster creative partnerships aligns with this spirit of collective innovation.

Houthi Deadline Countdown Begins | Rewire News Morning Brief

Trump's 48-Hour Ultimatum was issued on Saturday and expires on Monday night

Middle East Conflict Escalation and Rate Hike Expectation Trigger Worst Gold Sell-Off in 43 Years

The key reasons for the sharp decline include heightened oil prices due to Middle East conflict, suppressed interest rate cut expectations, and intensified selling pressure triggered by tightening USD liquidity.

Popular coins

Latest Crypto News

Read more