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

Yang Ge Gary: Agent Economics and AI Microeconomics

After the singularity explosion, the evolution clock of AI accelerated continuously, leading to the rapid formation of new civilizational generations in different regions around the world.

Founder of Baixing.com: My Experience with Claude Code in Fourteen Points

Treat Claude Code as a horse (or as a person), not as a car. A car turns under its own command, while a horse has its own ideas; we just need to set the goals and boundaries.

How Could the SpaceX IPO Affect Bitcoin, Altcoins season, and Crypto Liquidity?

Will the SpaceX IPO affect Bitcoin prices? Discover how SpaceX's reported BTC holdings, crypto liquidity shifts, ETF outflows, and the biggest IPO in history could impact Bitcoin and the broader crypto market.

RootData: May 2026 Cryptocurrency Exchange Transparency Research Report

In May, the spot trading volume of cryptocurrency exchanges was $725.7 billion, a slight decrease of 2.2% compared to April, marking the fifth consecutive month of decline since January, reflecting the overall trend of the market's continued movement.

Should we escape the peak? The principle of the tail-end market in the stock market

The truth behind the Rockefeller escape myth: the end of the bull market is not due to overheating emotions, but rather the exhaustion of new funds. Currently, market buying volume has been concentrated and released, so it is advised to be cautious of "tail-end market trends" and gradually take prof...

Morning News | Five major virtual asset platforms in South Korea have experienced 57 incidents of hacking and system failures in six years; Grayscale submits registration application for Canton ETF

Overview of Important Market Events on June 7th

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com