logo

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

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.

Contents

Popular coins

Latest Crypto News

Read more