
Coinbase facilitates DeFi funding via USDC amid $40.7B active loan record
A Coinbase spokesperson explained that the timing reflects current market conditions and growth opportunities.

Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
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Critics call content coins another memecoin, but Base argues they unlock creator value.

Galaxy Digital's Alex Thorn argued that post-EIP-4844 fee models favor L2 profits over Ethereum mainnet's financial health.

Early use cases include remittances, payment links, DeFi marketplaces, B2B payroll, creator payouts, and gaming with on-chain assets and free USDC sends on Base.

Coinbase said the raised funds would be used for new company purchases and general corporate purposes.

The outage led to service disruption that impacted deposits, withdrawals, and general block production on the blockchain network.

Coinbase challenges traditional Know-Your-Customer models, advocating for privacy-first compliance via zero-knowledge proofs.



