💥🚀 Coinbase Relaunches Stablecoin Bootstrap Fund to Supercharge DeFi Liquidity
Coinbase is making a bold move to strengthen decentralized finance by reviving its Stablecoin Bootstrap Fund after a six-year hiatus. The initiative will deploy 💵 $150M+ in USDC and EURC directly into top-performing DeFi protocols, aiming to 💧 unlock deeper liquidity, 📉 tighten spreads, and 🏦 attract more institutional capital.
The fund’s return signals Coinbase’s renewed focus on ⚡ fueling the growth of on-chain finance at a time when competition in the stablecoin and DeFi markets is heating up. By injecting stable assets into lending markets, DEX pools, and liquidity hubs, the exchange aims to 📊 reduce volatility and improve the user experience for traders and developers alike.
🏦 First Relaunch Since: 2019
📊 Strategic Focus: $150M+ in USDC & EURC deployment across vetted DeFi protocols
🚀 Potential Impact: Up to 25% deeper liquidity, 5–10 bps tighter spreads, and 📈 double-digit growth in stablecoin trading volume
Analysts say this move could 🔥 reignite DeFi activity, with institutional investors eyeing low-risk yield opportunities — potentially boosting TVL by $500M+ in the next 12 months.