A post by @coinbase on X.
Bring your crypto. We’ll bring the bonus.
@coinbase on X
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Coinbase announced a new promotional campaign offering users a 3% bonus in USDC for opting in and transferring eligible crypto to the exchange, with Coinbase One subscribers earning an additional 3.75% APY on USDC balances. The move is designed to attract deposits and assets from competitors by incentivizing users to move holdings onto Coinbase's platform, deepening its USDC ecosystem ties with Circle's stablecoin. The promotion could boost Coinbase's USDC holdings, platform liquidity, and subscription revenue from Coinbase One memberships, while intensifying competition with rival exchanges and lending platforms offering yield products. Watch for the list of eligible assets, promotional duration, and whether competitors respond with matching transfer bonuses or yield rates.
Muhabbit's AI wrote this summary of @coinbase's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Coinbase (COIN), USDC
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