A proposal to deposit up to $1.6 billion in USD Coin (USDC) with Coinbase Prime, where it will earn 1.5%, has been authorized by the MakerDAO community. After Coinbase Institutional presented the proposal on 6 September, it was approved with 75% of the votes on 24 October. One-third of the treasury underpinning the Peg Stability […] ...
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