Coinbase Doubles Down: Stablecoin Funding Program Relaunch Supercharges DeFi Liquidity

DeFi just got a caffeine injection—straight from Wall Street’s crypto cousin.

Coinbase flips the switch on its dormant stablecoin funding program, aiming to grease the wheels of decentralized finance. No more liquidity droughts—just a firehose of USDC ready to fuel the next wave of yield farmers and leverage junkies.

The Mechanics:

The exchange’s move effectively bridges TradFi’s deep pockets with DeFi’s anarchic playground. Institutional cash meets algorithmic money markets—with Coinbase skimming cream off the top (naturally).

Why Now?

With stablecoin dominance creeping past 12% of total crypto market cap, the timing reeks of opportunism—or genius. Either way, it’s a play for relevance as competitors eat Coinbase’s lunch in offshore markets.

The Bottom Line:

More liquidity means wilder swings and juicier APYs—until the next ‘stable’ coin loses its peg. Welcome to financial innovation, where the house always wins… until it doesn’t.