Holders of tokenized uranium can now use xU3O8 as collateral to borrow stablecoins through a new integration with the Morpho lending protocol.
Metals.io has announced that lending against xU3O8, the world’s first tokenized uranium, is officially live from March 30, 2026. This launch, powered by the Morpho lending infrastructure and available on Oku, gives investors access to liquidity in $USDC without selling their underlying physical uranium positions.
The integration improves capital efficiency by bringing real-world assets (RWAs) into the decentralized finance (DeFi) ecosystem. The xU3O8 tokens represent digital ownership of physical uranium securely stored in a regulated repository operated by Cameco, one of the largest global uranium suppliers.
This development follows increasing demand for nuclear energy, driven by artificial intelligence (AI) data centers and low-carbon initiatives. Leveraging Morpho’s decentralized infrastructure, the platform offers users a way to put idle capital to work while maintaining exposure to a strategic commodity known for lower volatility than traditional crypto assets.
🧠Frequently asked questions
• Where is the physical uranium collateral for xU3O8 stored? The uranium is kept in a regulated depository managed by Cameco.
• What platform provides the credit infrastructure for xU3O8? The lending functionality is made possible by the decentralized Morpho protocol.
• Which stablecoin can users currently borrow against uranium? Users can currently borrow $USDC using their tokenized uranium as collateral.
• How can local investors access these new lending opportunities? Global investors can access credit markets through the Oku interface.

