What was on the agenda in the crypto community last week MakerDAO The agreement between Coinbase and Coinbase has become official. MakerDAO, in its portfolio USDC most stablecoins Coinbase Prime will bring it to the platform.
The bill, which was put to the vote on MakerDAO last week, received 88% approval from voting users.
It has been announced that USDC, which will be moved to the Coinbase Prime exchange, is worth $ 1.6 billion. According to unofficial sources, the MakerDAO portfolio holds a total of $3.5 billion worth of USDC.
Coinbase, USDC stablecoin one of the biggest partners of the project. Exchange officials said the following about the MakerDAO agreement:
“As one of USDC’s biggest partners, MakerDAO is exactly the kind of platform we would like to work with. Although we are a centralized exchange, we support decentralized projects.”
What Will MakerDAO Gain From the Coinbase Deal?
Cryptocurrency exchanges offer future savings opportunities in cryptocurrencies even to their smallest customers. Users earn passive income by locking their cryptocurrencies in the stock market for a certain term. The MakerDAO platform will generate 1.5% annual deposit income from the $1.6 billion USDC token transferred to the Coinbase exchange.
Jennifer Senhaji, one of the MakerDAO executives, expressed her satisfaction with their collaboration with Coinbase. Senhaji stated that the deal is part of MakerDAO’s plan to move towards shorter-term bonds.
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