Technology

Kamino Enables USDC Loans Collateralized by Backpack Tokenized Stocks

October 28, 2026, 3:44 PM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

Kamino, a DeFi lending protocol, has begun allowing users to borrow USDC stablecoins using tokenized stocks from Backpack as collateral. This integration bridges traditional equity assets with decentralized lending markets.

WHY IT MATTERS

In traditional finance, you can sometimes borrow money from a bank by pledging assets you own, like a house, as collateral.

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SOURCES

thedefiant.io

USDCDeFi LendingTokenized StocksReal-World AssetsStablecoins

Learn the concepts behind this

Clear explanations of the subjects this article touches, with every term defined.

What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.