In 2018, the Centre Consortium — which includes Coinbase and Circle — launched USDC, a stable, secure, and transparent stablecoin. Since then, it has become one of the world’s most popular and trusted stablecoins. To encourage further growth in decentralized finance (DeFi), Coinbase is announcing the USDC Bootstrap Fund. The Fund will support developers building DeFi protocols by investing USDC directly in the protocol. Unlike more traditional investments, this money is tied up in a smart contract protocol with return provided by a counterparty (a borrower or taker). In our talks with countless developers, we ... (full story)