Coinbase has relaunched its Stablecoin Bootstrap Fund to improve USDC liquidity across decentralized finance (DeFi) markets. Managed by Coinbase Asset Management (CBAM), the revived vehicle is designed to speed up stablecoin adoption and provide much-needed liquidity support to new DeFi projects.
The move comes as demand for reliable on‑chain dollars grows alongside increased activity in Bitcoin, Ethereum and broader crypto markets, while liquidity fragmentation and competition among stablecoins remain key challenges.
By deploying capital through CBAM, Coinbase aims to make USDC more available where it’s most needed, helping projects onboard users and integrate payment rails in DeFi.
Industry watchers say the relaunch could accelerate yield opportunities and trading depth, but questions about market concentration and regulatory scrutiny persist.
