According to PANews and The Block, Coinbase Asset Management has relaunched its fund, deploying liquidity on protocols like Aave, Morpho, Kamino, and Jupiter, primarily using USDC and EURC.
Coinbase announced the relaunch of its Stablecoin Bootstrap Fund, managed by Coinbase Asset Management, to boost stablecoin liquidity in decentralized finance. The fund has initially deployed funds to Aave, Morpho, Kamino, and Jupiter using USDC and EURC, with plans to expand to additional protocols and currencies, according to PANews and The Block.