Coinbase Launches Stablecoin Boost Fund to Enhance USDC Liquidity in DeFi

Coinbase has revived its Stablecoin Bootstrap Fund, first introduced in 2019, to boost the liquidity of USDC in various decentralized finance (DeFi) protocols. This fund will initially provide USDC liquidity to Ethereum-based lenders Aave and Morpho, and Solana-based platforms Kamino and Jupiter. The goal is to enhance accessibility for users seeking reliable rates across both established and emerging DeFi protocols.