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The Daily Hodl
2022-10-26 18:45:50

Coinbase Partners With MakerDAO for Institutional USDC Rewards Program

Coinbase Partners With MakerDAO for Institutional USDC Rewards Program

The top US crypto exchange Coinbase is partnering with MakerDAO in a custody deal nearly doubling the exchange’s US Dollar Coin (USDC) holdings. Under the agreement, MakerDAO, the decentralized autonomous organization (DAO) behind the stablecoin DAI, will deposit up to $1.6 billion of its USDC holdings with Coinbase Prime. When in Coinbase’s custody, MakerDAO will […]The post Coinbase Partners With MakerDAO for Institutional USDC Rewards Program appeared first on The Daily Hodl.

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