Some early allocations are showing yields above 10%, a significant jump from what the exchange typically offers on stablecoin deposits. […] The post Coinbase Pushes DeFi Forward With New USDC Lending appeared first on Coindoo.Some early allocations are showing yields above 10%, a significant jump from what the exchange typically offers on stablecoin deposits. […] The post Coinbase Pushes DeFi Forward With New USDC Lending appeared first on Coindoo.

Coinbase Pushes DeFi Forward With New USDC Lending

Author: Coindoo

Source: Coindoo

2025/09/19 02:30

2 min read

USDC$0.9998-0.01%

DEFI$0.000327+2.50%

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Some early allocations are showing yields above 10%, a significant jump from what the exchange typically offers on stablecoin deposits.

The product runs on Base, Coinbase’s Layer 2 network, and integrates with Morpho, a lending protocol backed by Coinbase Ventures. Funds are placed into curated vaults managed by Steakhouse Financial, which automatically route liquidity across different pools. Once deposited, users begin accruing yield immediately, with withdrawals available depending on pool conditions.

This setup contrasts sharply with “USDC Rewards,” Coinbase’s loyalty program that pays around 4% APY and is funded internally by the exchange. The new approach instead channels capital into DeFi markets, exposing customers to onchain activity while aiming to keep the process simple inside the Coinbase app.

Access is gradually opening to users in the U.S. (except New York), as well as Bermuda, Hong Kong, the UAE, New Zealand, Taiwan, South Korea, and the Philippines. Coinbase says the launch is part of its broader goal to make onchain participation feel as accessible as traditional fintech platforms.

How This Investor Turned $1,000 Into $1 Million With Altcoins

The initiative follows a string of stablecoin-focused projects. Earlier this year Coinbase increased the borrowing limit on its Bitcoin-backed onchain loans through Morpho to $1 million. It also revived its Stablecoin Bootstrap Fund, designed to expand liquidity across decentralized protocols.

By pairing familiar interfaces with higher-yielding DeFi strategies, Coinbase is positioning USDC at the heart of its effort to bring mainstream users into the onchain economy.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Coinbase Pushes DeFi Forward With New USDC Lending appeared first on Coindoo.

Market Opportunity

USDCoin Price(USDC)

$0.9998

$0.9998$0.9998

0.00%

USD

USDCoin (USDC) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.