Coinbase is pushing for an expansion of on-chain transaction capabilities and DEX growth in response to increased competition from traditional finance.
Significant investments, highlighted by the acquisition of Deribit for 10 billion USD, reflect Coinbase’s commitment to enhancing its DEX functionalities.
USDC currently trades at 1.00 USD with a market cap of 60.79 billion USD, demonstrating strong market performance amidst volatility.
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