# Kabu Markets Enable USD Coin Loans Against Uniswap Governance Token

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/46903
Published: 2026-11-02T20:49:28.000Z
Updated: 2026-11-02T20:49:28.000Z
Section: Business

> Users can pledge Uniswap’s governance token, UNI, as collateral to borrow USD Coin (USDC) without selling their holdings.

Uniswap’s governance token, UNI, is eligible as collateral in Kabu’s USD Coin (USDC) markets, allowing holders to borrow USDC through the platform’s lending markets without selling their tokens.

Borrowers pledge UNI and receive USDC against those holdings. This gives users access to USDC while retaining their UNI.