Coinbase just rebooted its Stablecoin Bootstrap Fund-but this time-and it's a game-changer for DeFi liquidity.
Coinbase reinstated the fund under its CBAM arm, injecting USDC and EURC into top DeFi protocols:
Aave, Morpho, Kamino, and Jupiter. This is a follow-up to the original 2019 fund that helped embed USDC into early-stage DeFi markets.
DeFi markets are in desperate need of stable liquidity-record $40.7B in active loans and rising.
Coinbase's deep liquidity support means tighter rates, less slippage, and more reliable execution across lending, trading, and yield platforms.
Adds euro support via EURC-signaling cross-border ambitions.
USDC's dominance is reinvigorated. With $8.9B in TVL and unparalleled transaction volume, the bootstrapping pressurizes USDT's lead while cementing DeFi's foundation.
Watch for liquidity expansion to new protocols and chain integrations-and note Coinbase's next moves in building its "on-chain everything app."
