– Coinbase revives its Stablecoin Bootstrap Fund to inject USDC liquidity into DeFi platforms like Aave and Morpho, aiming to stabilize lending/borrowing rates and expand DeFi infrastructure.

– The $8.9B-locked USDC, now dominant in DeFi, benefits from Coinbase’s strategic focus on Ethereum, Solana, and other blockchains to enhance accessibility and efficiency of blockchain financial tools.

– By promoting USDC adoption through open collaboration with developers, Coinbase reinforces its “future of finance is onchain” vision while addressing market demand for reliable DeFi services.

– Though allocation details remain undisclosed, the initiative signals long-term support for DeFi growth, aligning with rising crypto market trends and developer preferences for stablecoin-driven ecosystems.