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Ex-Coinbase Team Lands $11M to Build Solana-Powered Stablecoin DeFi Platform
Ex-Coinbase Team Lands $11M to Build Solana-Powered Stablecoin DeFi Platform
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Solana’s ecosystem scores another win as crypto veterans throw weight behind stablecoin-native finance.
Who needs banks when code cuts out the middleman? A squad of Coinbase alumni just secured $11 million in funding to launch a DeFi app built exclusively for stablecoins—and they’re betting Solana’s speed will outclass legacy chains. The move signals growing institutional confidence in blockchain-based finance, even as traditional Wall Street firms still can’t agree whether crypto is an asset class or a nuisance.
One thing’s clear: while bankers debate, builders are shipping.
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