Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth
Main Idea
Coinbase announced a new Stablecoin Bootstrap Fund to enhance liquidity in decentralized finance (DeFi) platforms, managed by Coinbase Asset Management (CBAM), starting with investments in Aave, Morpho, Kamino, and Jupiter.
Key Points
1. Coinbase launched the Stablecoin Bootstrap Fund on Aug. 12, 2025, to boost DeFi liquidity, managed by CBAM.
2. The fund will initially allocate capital to Aave, Morpho, Kamino, and Jupiter to strengthen stablecoin availability.
3. This initiative follows the success of the original 2019 Stablecoin Bootstrap Fund, which helped USDC become a leading stablecoin in DeFi.
4. USDC, supported by Coinbase, operates on multiple blockchains including Ethereum, Base, Solana, Hyperliquid, Sui, and Aptos.
5. The fund aims to improve capital efficiency and support DeFi projects from their inception.
Description
Coinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption, deepen markets, and accelerate onchain finance growth. Coinbase Unveils New Stablecoin Bootstrap Fund to Amplify DeFi Liquidity Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug. 12, 2025, that it is launching a second Stablecoin Bootstrap
Latest News
- $640 Million Flows Into Ether ETFs as Bitcoin ETFs Notch 7th Day of Gains2025-08-15 14:32:56
- Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off2025-08-15 13:07:22
- Tron DAO, Justin Sun Accuse Bloomberg of False Asset Reporting2025-08-15 12:36:42
- Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs2025-08-15 11:32:51
- BTCC Teams Up With NBA All-Star Jaren Jackson Jr. in First-Ever Sports Sponsorship2025-08-15 11:04:26