[Coinbase Borrow Adds Gold Token PAXG as Collateral, Powered by Morpho] Foresight News reports that Morpho has announced support for gold-collateralized lending on Coinbase's lending service, Coinbase Borrow. Users can now borrow USDC within the Coinbase App using PAXG, a tokenized gold asset issued by Paxos, as collateral. PAXG is Coinbase Borrow's first non-crypto collateral asset, previously supporting BTC, ETH, XRP, and SOL. This functionality is implemented through the newly added Morpho USDC/PAXG market on Coinbase.