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Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says

A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.

Updated May 9, 2023, 4:00 a.m. Published Oct 21, 2022, 7:40 p.m.
Coinbase has proposed moving $1.6 billion of MakerDAO's USDC to Coinbase Prime. (Chesnot/Getty Images)
Coinbase has proposed moving $1.6 billion of MakerDAO's USDC to Coinbase Prime. (Chesnot/Getty Images)