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Coinbase Revives Stablecoin Bootstrap Fund to Boost DeFi Liquidity
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Coinbase Revives Stablecoin Bootstrap Fund to Boost DeFi Liquidity
– Coinbase revives its Stablecoin Bootstrap Fund to inject USDC liquidity into DeFi platforms like Aave and Morpho, aiming to stabilize lending/borrowing rates and expand DeFi infrastructure. – The $8.9B-locked USDC, now dominant in DeFi, benefits from Coinbase’s strategic focus on Ethereum, Solana, and other blockchains to enhance accessibility and efficiency of blockchain financial tools. – By promoting USDC adoption through open collaboration…
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