Summary
- Coinbase announced that it would reactivate the stablecoin Bootstrap Fund to increase stablecoin liquidity in the DeFi market.
- Coinbase stated that it supplied USDC and Euro Coin (EURC) to leading DeFi platforms including Aave, Morpho, Camino, and Jupiter.
- It was revealed that since 2019, the Bootstrap Fund has supported USDC liquidity for DeFi platforms.
According to cryptocurrency-focused media outlet CoinDesk on the 12th (local time), global cryptocurrency exchange Coinbase announced that it has reactivated its stablecoin Bootstrap Fund to expand stablecoin liquidity in the DeFi (decentralized finance) market.
Coinbase supplied USDC and Euro Coin (EURC) to major DeFi platforms such as Aave, Morpho, Camino, and Jupiter. The Bootstrap Fund originally launched in 2019 and has supported USDC liquidity for DeFi platforms since then.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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