$1.6 billion worth of MakerDAO's USDC will now live on Coinbase.
• Rewards are not to exceed 1.5% APY.According to Coinbase Prime, this move will not only accrue tangible benefits for the MakerDAO community, but it also exemplifies the platform’s efforts to grow the stablecoin ecosystem.
Coinbase expressed certainty that stablecoins will play a key role in creating an open, more efficient, more equitable financial system that bridges the gap between the crypto and fiat worlds.“The additional monthly revenue generated through this deal enables Maker to further advance its overarching mission to create a global, trustless financial future built on decentralized rails.”
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