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breaking: coinbase unleashes stablecoin fund to boost USDC liquidity in DEFI 🚀🔥 secure those gains, fam! #
whattt??? coinbase bringing back the stablecoin fund to pump USDC in DEFI?? 🚀💸 is this the move to
Coinbase strategically revives Stablecoin bootstrap fund to enhance USDC liquidity within DEFI platforms: aligning with Tether’s dominance, the move aims
Coinbase revives its Stablecoin bootstrap fund to boost USDC liquidity in various decentralized funding protocols like Ethereum Aave and Solana. The fund aims to ensure reliable prices across different protocols. The move comes as Tether dominates stablecoin volume, but Coinbase seeks to attract more users to USDC in DEFI. The fund’s size remains undisclosed, and the initiative mirrors a similar effort in 2019 to support Ethereum-based protocols. Coinbase’s revenues declined overall, but stablecoin-related revenue, particularly through USDC, saw a significant increase. The company is pivoting towards becoming a comprehensive “super application.”
https://altcoin.observer/coinbase-relive-the-stablecoin-fund-to-stimulate-usdc-in-defi/
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