Ethena

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Illustration of Coinbase and Ethena partnership for USDC yields
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Coinbase partners with Ethena to offer activity-based USDC yields

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Coinbase has teamed up with Ethena to route idle USDC into yield-generating strategies that the company says comply with proposed restrictions in the CLARITY Act. The partnership, announced this week, allows activity-based rewards rather than passive interest on stablecoins.

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