# @BorrowUSDC: Uranium is now onchain as collateral, powered by Etherlink

Source: https://x.com/okutrade/status/2014347738519855339?s=12

## Summary

Users can now borrow USDC against tokenized uranium on Etherlink, using the xU3O8 token from uranium_io as collateral in Morpho markets on Oku. The post describes depositing xU3O8, which represents a digital claim on physical uranium held in a facility, and borrowing USDC while keeping ownership of the underlying uranium. It outlines steps that include bridging USDC to Etherlink for gas, swapping into xU3O8, and borrowing on Oku, with an optional offramp to a bank account through Bridge.xyz after KYC.

## Article

Uranium is one of the rarest, most controlled materials on earth.

For decades, only governments and giant corporations could touch it.

Now it’s onchain, powered by @etherlink

With xU3O8 (@uranium_io)

You have a ticket for a tiny piece of real uranium sitting safely in a real facility and because it’s digital, you can plug it into DeFi.

You put that ticket into @Morpho on Oku and you can borrow money (USDC) against it.

TL;DR: you hand them your rare rock → they give you spending money → you still own the rock

Here's how to get started 👇

Step 1: Bridge to Etherlink

Etherlink uses XTZ for gas

Bridge a small amount of USDC → XTZ for gas using Oku here

Bridge USDC → WXTZ (You can bridge from Ethereum, Arbitrum, Base, etc.)

Step 2: Swap into xU3O8

Select amount

Sign transaction

Now you hold tokenized uranium

Step 3: Borrow on Oku

Click “Borrow”

Select Etherlink

Choose xU3O8

Select the amount you wish to deposit and the amount you want to borrow

Sign the transaction

Bonus step: Offramp your USDC to your bank account and spend IRL

Click “Ramp” and Create an Account

Complete KYC with Bridge.xyz (this should take less than 10 minutes)

Add your bank details and other relevant information.

Select the amount you wish to offramp

Confirm and Execute the Transaction

Now you have money in your bank account AND you still hold tokenized uranium.

It's that simple.

Borrow in minutes.

Powered by @Morpho, @etherlink, and Oku.