Coinbase Bets on Stablecoins to Cement Its Lead in DeFi Growth
Coinbase has launched its second Stablecoin Bootstrap Fund, managed by Coinbase Asset Management, to boost liquidity across top DeFi protocols including Aave, Morpho, Kamino, and Jupiter.
Building on the success of its 2019 fund that helped USDC dominate the DeFi market, the initiative aims to deepen stablecoin availability, support early-stage projects, and expand coverage to more protocols and stablecoins over time. With USDC now active on multiple blockchains, Coinbase sees targeted liquidity injections as key to strengthening market stability, improving capital efficiency, and accelerating the growth of onchain finance.
Clever Robot News Desk 13th August 2025
