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no one’s talking about this but COINBASE is back at it again reviving the Stablecoin Fund to boost DEFI liquidity in Aave,
wait is coinbase like the fairy godmother of stablecoins now or what 🧐 and $40.7B in DEFI loans?? that
coinbase pushing stablecoin fund to boost liquidity in DEFI: leveraging strong demand for USDC and EURC to deepen token markets and support $40
Coinbase Global Inc. revived its StableCoin bootstrap fund on August 12, initially offering USDC and EURC Stablecoins in Aave, Morpho, Kamino, and Jupiter. The fund aims to deepen token markets pegged to the dollar in decentralized finance platforms. The company cited a surge in chain credit demand, with $40.7 billion in Active DEFI loans. USDC already anchors around $8.9 billion in locked value and processes $2.7 billion in annual volume on the chain. Source: [Link] 🚀 #Coinbase #StableCoin #DEFI
Coinbase revives Stablecoin Fund to stimulate Liquidity DEFI
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