Coinbase Wants to Fund Your Stablecoin Startup by steemitcuration

crypto · @steemitcuration · Sep 17 '20

$4.50

Coinbase Wants to Fund Your Stablecoin Startup

![shutterstock_1194616360-gID_1.jpg](https://cdn.steemitimages.com/DQmSveHJ6WaGsFTkQdqYyLEqUFSh5WLpviygkvYc8u7oi79/shutterstock_1194616360-gID_1.jpg)

"San Francisco-based cryptocurrency exchange Coinbase announced today that it wants to fund more stablecoin-based startups. The firm made the announcement to celebrate USD Coin (USDC), hitting a $2 billion market cap.

USDC is a regulated stablecoin pegged to the US dollar that runs on Ethereum—and as of just recently, also on Algorand. It was launched in 2018 by Centre—a collaboration between Coinbase and payments firm Circle. "

" Coinbase Wants to Fund Your Stablecoin Startup
Celebrating the rapid growth of USD Coin, the exchange wants to hear from more stablecoin startup entrepreneurs. 

Coinbase Ventures, the arm of the exchange that invests in new businesses, hopes to invest in stablecoin-based startups with its USDC Bootstrap Fund, an investment fund that supports developers building DeFi protocols using USDC. 

“Stablecoins are one of the most promising vehicles for creating greater financial access and inclusion,” Coinbase said in a Wednesday blog post. “In celebration of USDC’s tremendous growth, and the rapid rise of stablecoins as an important crypto innovation, we’re issuing a Request for Startups.”"

👍 upmewhale, bot-api, jsquare, votebetting, gunthertopp, cleanplanet, y-o-u-t-h-m-e, yehey, smjn, meppij, botante, famigliacurione, ratel, fortunex, maxwellmarcusart, mikemoi, danishmmir, pisolutionsmru, drmincu, steemitcuration, simplegame, entropia, ronak10, tmps, kimjaguar, melinda010100, berthold, lotto-de, gringo211985, nadabrahmasounds, hive-156383, qam2112, dcinside, steemitbuilder, erica005, greatness96, investyourvote, dailyspam, aquinotyron3, healthexpert, council, broadcast, madstacks, lebey1, ihal0001, randomblock1, unyime, rufruf, hersi007, binayk, federacion45, denzelwash, janton, freepressturkey, nascimentoab, automation, brigittecarter, steeminer4up, mypap, stafatas, dodikan98, ogejoy, heikkiville, swimmingsuit, and 51 others

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