Back

Coinbase Facilitates DeFi Funding Via USDC Amid $40.7B Active Loan Record

Coinbase is leveraging USDC to drive decentralized finance initiatives as active loans hit a record $40.7 billion.

USDC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • DeFi: Decentralized Finance refers to financial services operating on blockchain technology without traditional intermediaries.
  • USDC: USDC is a U.S. Dollar-backed stablecoin commonly used for transactions and funding within the crypto space.