Coinbase, Squads Protocol Push USDC Growth on Solana

TheCryptoTimesPubblicato 2025-08-04Pubblicato ultima volta 2025-08-13

USDC usage on Solana is about to surge as Coinbase and Squads Protocol announce a strategic partnership. The partnership, announced today, makes USDC the default stablecoin across Squads’ entire product suite. 

According to the announcement, the initiative targets stablecoin transactions in the Solana ecosystem that are faster, cheaper, and even more secure. It also aims to intensify finance enabled through stablecoins and improve liquidity within the Solana ecosystem. 

The partnership stands on top of the $1 billion in USDC the Squads have already locked, which accounts for nearly 15 percent of the total USDC supply on Solana.

Strengthening Stablecoin Utility

Since 2021, Squads has developed programmable self-custody infrastructure to secure on-chain programs, tokens, and validator keys. Its flagship, Squads Multisig, now secures over $10 billion in assets and has moved $5 billion in stablecoins. 

More than 400 teams use it for treasury management. Coinbase Chief Business Officer Shan Aggarwal said, “Our partnership with Squads reinforces the role of USDC as the leading stablecoin in DeFi.”

Besides, Squads integrates USDC into Altitude, a USD business account for savings and transfers, and Fuse, a personal finance app with a Visa card. In addition, Grid provides APIs to embed stablecoin accounts in fintech platforms. The purpose of these integrations is to make USDC transactions easy.

Rising Adoption Backed by Regulation

Over the past 18 months, stablecoins have grown quickly, helped by a friendly environment and new rules from the GENIUS Act. With USDC, digital banking is getting smarter, offering features like accounts that can make automatic payments and follow custom spending rules.

Besides this, Thumzup Media Corporation expanded its relationship with Coinbase. Through Coinbase Prime, it will access institutional-grade trading, financing, and NYDFS-qualified custody for its crypto accumulation strategy. Meanwhile, Coinbase Global (COIN) traded at $325.03, up $2.41 or 0.75%, according to Yahoo Finance data.

Also Read: Bitmine Stocks Jump 60% in 5 days Following ETH Rally



Crypto di tendenza

Letture associate

Hot Takes|Why Did the Famous "Tech Lead" Dump All His Bitcoin? The "Investment Whiz Kid" is Here!

**Weekly Spicy Review: Tech Lead's Bitcoin Bust, Reddit Meme, and Trump's Crypto Cash** This week's "Spicy Review" covers three notable incidents from the crypto world. **1. A Tech Lead Learns the Hard Way:** A former Google and Meta technical lead, Patrick Shyu, went viral after revealing he was forced to liquidate all his Bitcoin holdings. He suffered massive losses due to excessive leverage during Bitcoin's sharp decline from $120k to $60k. He shared critical observations: crypto trading often hinges on attention, not fundamentals; Bitcoin lacks a stable source of public focus; the AI boom is diverting capital; and Bitcoin faces structural risks like centralization of code maintenance and quantum computing threats. Despite his short-term exit, he remains a long-term believer. **2. Reddit Roasts the "Investment Whiz":** A popular meme on Reddit's CryptoCurrency subreddit depicted MicroStrategy's Michael Saylor looking down from a balcony. The caption joked about his relentless focus on buying Bitcoin with corporate funds, contrasting with average investors' mundane concerns. The post sparked humorous commentary on his high-risk, high-conviction strategy. **3. Trump's $1.4 Billion Crypto Haul:** The White House's financial disclosure revealed former President Donald Trump earned at least $1.4 billion from cryptocurrency activities in a year, contributing to a total income of over $2.2 billion. This windfall stands in stark contrast to the performance of "TrumpCoin" (officially DJT), which plummeted over 97% from its peak, reportedly causing investor losses exceeding $2 billion. Critics, like California Governor Gavin Newsom, accused Trump of profiting while his supporters suffered losses. The week highlighted a mix of painful lessons learned from leverage, community humor at industry figures, and the stark realities of political figures capitalizing on the crypto market.

Foresight News49 min fa

Hot Takes|Why Did the Famous "Tech Lead" Dump All His Bitcoin? The "Investment Whiz Kid" is Here!

Foresight News49 min fa

Trading

Spot

Articoli Popolari

Come comprare PUSH

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Push Protocol (PUSH) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Push ProtocolPUSH.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Push Protocol (PUSH)Dopo aver acquistato Push Protocol (PUSH), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Push Protocol (PUSH)Scambia facilmente Push Protocol (PUSH) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

549 Totale visualizzazioniPubblicato il 2024.12.13Aggiornato il 2026.06.02

Come comprare PUSH

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di PUSH PUSH sono presentate come di seguito.

活动图片