MakerDAO Invests Hefty Amount Becoming The Largest Stake Holder In USDC

[Google News Bot]

The extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still records progressive moves. For example, a recent report shows a new partnership between Coinbase and MakerDAO. This collaboration aims to become the largest USDC holder. The world’s largest crypto exchange Coinbase announced the partnership. According to the announcement, MakerDAO, the lending protocol, and Coinbase Prime, an institutional client of the exchange, will custody a total of $1.6 billion USD Coins. Also, the report disclosed that the partners would earn 1.5% ...

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