Coinbase partners with Apollo to lay out stablecoin lending
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Coinbase collaborates with Apollo to launch a stablecoin lending strategy aimed at capitalizing on the anticipated growth of the stablecoin market from USD 300 billion to USD 30 trillion by 2030. The strategy includes over-collateralized asset loans, direct corporate loans, and tokenized credit asset holdings, prioritizing projects that comply with the GENIUS Act and ensuring transparency. The president of Coinbase Asset Management stated that this move provides new opportunities for traditional private credit portfolios
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