New Coinbase Fund Targets DeFi Liquidity Gaps Across Aave, Kamino, and More

TLDR: Coinbase launches a second Stablecoin Bootstrap Fund through CBAM to deepen DeFi stablecoin liquidity. Initial liquidity placements target Aave, Morpho, Kamino, and Jupiter to support stablecoin adoption. USDC now holds $8.9B in TVL and processes $2.7T in annual onchain volume across multiple blockchains. The fund aims to back both established protocols and pre-launch teams [...]

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