Coinbase's USDC Yield: DeFi Magic or Regulatory Loophole?
Update: 2025-09-19
Description
Coinbase is offering nearly 11% returns on USDC deposits through a new lending product, but a big chunk of that yield comes from DeFi lender Morpho, including a temporary marketing boost. Find out how this setup works, who's managing the funds, and why most of the money is being used to lend out wrapped Bitcoin and Ethereum. Plus, discover why some banking groups are calling these rewards a loophole and what it all means for the future of stablecoins.
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