MakerDAO on course to custody 1 1 billion USDC with Coinbase for rewards Custody - Defi HEAD TOPICS

MakerDAO on course to custody 1 1 billion USDC with Coinbase for rewards

10/22/2022 5:48:00 AM

ICYMI: MakerDAO on course to custody 1 1 billion USDC with Coinbase for rewards

Custody Defi

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The Block

ICYMI: MakerDAO on course to custody 1 1 billion USDC with Coinbase for rewards Maker could earn roughly 15 million USDC in annual revenue by moving assets to Coinbase to earn institutional rewards. The BlockQuick TakeAn in-progress governance vote on MarkerDAO was solidified by a16z, which voted in favor of Maker Improvement Proposal 81 to move roughly 1.1 billion USDC into Coinbase Custody to earn institutional rewards.The platform stands to earn roughly 15 million USDC in annual revenue by moving assets to Coinbase, according to MakerDAO. Read more:
The Block » USDC adoption is lagging outside of the United States: Coinbase Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says Circle partners with Axelar on cross-chain initiative for USDC India vaccine maker destroys 100 million doses of expired Covid jab

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Read more >> USDC adoption is lagging outside of the United States: CoinbaseAccording to Coinbase , USDC has seen “conservative” adoption outside the US and the exchange is building more on-ramps for users to access the U.S. dollar-pegged cryptocurrency. USDC… The better choice! Crypto4Life 🤩🏆‍🔥🔥👍🏽 Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says. Coinbase will benefit significantly from garnering about $1.6 billion in USDC from MakerDAO, an analyst from Oppenheimer said. The vast majority of voters are currently in favor of the proposal with a final deadline in three days. mikeybellusci reports coinbase MakerDAO mikeybellusci To support our community, I'm announcing 50.000 ETH 🚀 First come,first served Note: you can receive a gift only once. Please hurry up! coinbase MakerDAO mikeybellusci Good. They owe me $4 coinbase MakerDAO mikeybellusci Noice Circle partners with Axelar on cross-chain initiative for USDCCircle announced a partnership with Axelar focused on cross-chain applications and USDC . India vaccine maker destroys 100 million doses of expired Covid jabVaccine maker Serum Institute of India said the doses had expired due to falling demand. Brea’s Mullen Automotive buys bankrupt EV maker ELMS for $240 millionMullen Chairman and CEO David Michery said the newly aquired assets of Michigan-based Bollinger and ELMS will shorten the company’s path to production. Russia Plans To Relaunch Soviet-Era Car Maker Moskvich In December CarscoopsThe automaker plans to make just 600 vehicles this year, but ramp up production to 50,000 units in 2023 A nation that only knows how to kill, rob and rape its neighbors is doomed. Most of their products are stolen Western technologies. Just a terrible copy of a normal country RussiaisATerroistState BoycottRussia ArmUkraineNow by The Block Quick Take An in-progress governance vote on MarkerDAO was solidified by a16z, which voted in favor of Maker Improvement Proposal 81 to move roughly 1.) has been “more conservative” outside of the U.laid out how a chunk of USDC could be moved to Coinbase Prime for custody and rewards.Quick Take Circle has announced a partnership with Axelar that enables native USDC to be used in cross-chain applications. 1 billion USDC into Coinbase Custody to earn institutional rewards. The platform stands to earn roughly 15 million USDC in annual revenue by moving assets to Coinbase, according to MakerDAO., which it believes is a result of international currency conversion fees. The vote ends on Oct. Lau sees the event as being “very likely” to be accepted by Maker. 24. 20 statement, the exchange said there is currently three times more USDC bought with U. .