The MakerDAO community voted to approve the proposal to custody up to $1.6 billion $USDC with Coinbase Prime. MakerDAO will earn a 1.5% reward on its $USDC. In the future, Coinbase and MakerDAO will automate transactions between the PSM and Prime account via smart contract or API.
Stablecoins
DeFi
Coinbase
Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors Total stablecoin market cap tops $200 billion as onchain lending yields surge Coinbase's fiat-to-crypto onramp integrates Apple Pay
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