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19.12 - 16:17
Coinbase Offers DeFi Yield Product To Users In 70 Countries
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In a bid to make decentralized finance (DeFi) more accessible to its customers, major US crypto exchange Coinbase says it is enabling users in 70 countries to buy a DeFi yield product using their DAI crypto holdings.
The exchange is making DeFi "more customer friendly and accessible," as "eligible users will now be able to access the attractive yields of DeFi from the comfort of their Coinbase account with just a few taps and without the network fees,” the exchange said in a statement, adding:
“Starting today, you’ll be able to earn DeFi yield on Dai, a stablecoin that is designed to be pegged to the US Dollar.”
Coinbase says that the latest launch marks just the beginning of its global expansion into DeFi, and the exchange will continue “to
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