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

2025/09/19 02:30

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.

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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.

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Hashdex Expands NCIQ ETF With Spot XRP, Solana and Stellar Exposure

Hashdex Expands NCIQ ETF With Spot XRP, Solana and Stellar Exposure

Hashdex Asset Management Ltd. and Nasdaq Global Indexes have announced the expansion of the Hashdex Nasdaq Crypto Index US ETF (NCIQ), the multi-asset spot crypto exchange-traded product (ETP) in the United States. The ETF launched in February 2025 with spot Bitcoin and Ether, will now include exposure to XRP, Solana, and Stellar—bringing the total to five crypto assets. Collectively, these tokens represent over $3 trillion in combined market capitalization, says Hashdex. According to the asset manager the move provides U.S. investors with streamlined access to a diversified basket of digital assets through a single, tradable product. By tracking the Nasdaq Crypto US Index (NCIUS), the ETF offers rules-based exposure while removing the complexities of selecting individual cryptocurrencies. Global Leadership in Crypto Index Products Hashdex manages the multi-asset crypto ETP in Europe and the multi-asset crypto ETF in Latin America. With $1.56 billion in assets under management, Hashdex now offers four index products tied to the global Nasdaq Crypto Index. “Since 2018, Hashdex has been a market leader in crypto index products globally, and this signifies a major milestone in meeting the needs of U.S. advisors and investors,” said Marcelo Sampaio, Co-Founder and CEO of Hashdex. A Milestone for U.S. Crypto Index Investing According to Samir Kerbage, CIO at Hashdex, the expansion reflects growing demand from U.S. investors seeking structured, index-based crypto exposure. “With NCIQ, investors gain access to a dynamic, rules-based exposure that evolves with the market—eliminating the need to try to pick individual winners,” Kerbage said. He adds that regulatory clarity and the approval of generic listing standards have paved the way for NCIQ to expand and adapt as new assets meet index requirements. The NCIUS index is jointly developed by Nasdaq and Hashdex, includes strict eligibility criteria such as liquidity, market capitalization, and regulatory compliance. While ADA (Cardano) qualifies for the index, it is not currently included in NCIQ’s holdings. The Hashdex–Nasdaq Partnership The expansion also shows the ongoing collaboration between Hashdex and Nasdaq, which have co-developed several index and index-based crypto products since 2021. Nasdaq serves as the index administrator and listing venue for NCIQ, with Coinbase Custody and BitGo Trust providing crypto asset custody. U.S. Bank Global Fund Services acts as fund administrator, while Paralel Distributors LLC serves as marketing agent. As crypto continues to mature as an asset class, diversified index products like NCIQ are emerging as benchmarks for institutional and retail allocation
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CryptoNews2025/09/25 21:10
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