Cryoto Currency

MakerDAO votes to approve custody for $1.6B USDC in Coinbase By Cointelegraph

MakerDAO votes to approve custody of $1.6B USDC in USDC with Coinbase

Coinbase (NASDAQ 🙂 Prime, an institution prime brokerage platform for crypto assets Announcement On Oct. 24, it announced that it had entered into a partnership to become a custodian $1.6 billion of stablecoin with MakerDAO (USDCMakerDAO is currently the largest single holder.

The MakerDAO community voted in favor of custodianship. This will allow the community to earn a 1.5% bonus on their USDC and hold funds with a leading institution custodian.