Distributed Stablecoin $HOPE Chooses Coinbase Custody as Digital Asset Custodian

HOPE, an all-in-one DeFi ecosystem built around distributed stablecoin $HOPE, announced it has chosen Coinbase Custody as its first digital asset custodian, allowing users to store their assets in segregated, non-commingled accounts with a trusted, secure, independent, and regulated custodian.

Flex Yang, founder of HOPE, said, "this partnership with Coinbase Custody is our first step in building a distributed reserve network that minimizes the likelihood of a single-point failure while ensuring investors’ assets are safeguarded with the safest custodians in the world, without users taking the risk of handing over their funds to centralized organizations."

HopeSwap, a DEX in the HOPE ecosystem, will go live today.

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