Coinbase is reviving its Stablecoin Bootstrap Fund to enhance stablecoin liquidity in decentralized finance (DeFi) markets, initially deploying funds in USDC and EURC on platforms like Aave, Morpho, Kamino, and Jupiter. This initiative aims to support both established and emerging protocols as the DeFi sector continues to grow, despite remaining below its 2021 peak.

Coinbase is relaunching its Stablecoin Bootstrap Fund aimed at enhancing liquidity in the decentralized finance (DeFi) sector. This initiative is part of Coinbase's broader strategy to support the growth of DeFi and improve user experiences in the cryptocurrency ecosystem.

Coinbase has launched wrapped versions of XRP and Dogecoin, named cbXRP and cbDOGE, on its layer-2 platform, Base, enabling users to engage in decentralized finance (DeFi) applications. These wrapped tokens, backed 1:1 by their original assets, have quickly garnered significant market capitalization, facilitating interoperability within the Base ecosystem.