News Explorer — Coinbase Offers Big Yield Boost on USDC Lending, But It's Temporary

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Sep 19, 6:38 pm

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Coinbase Offers Big Yield Boost on USDC Lending, But It's Temporary

Coinbase's lending product, offering up to 10.8% returns on USDC deposits, is currently benefiting from a temporary boost provided by DeFi lender Morpho. The collaboration has increased the product's returns by 6% from Morpho's platform and an additional 5% from the protocol itself.

Coinbase's lending product, offering up to 10.8% returns on USDC deposits, is currently benefiting from a temporary boost provided by DeFi lender Morpho. The collaboration has increased the product's returns by 6% from Morpho's platform and an additional 5% from the protocol itself.

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