Base

~$100m in bitcoin on @base from @coinbase customers borrowing USDC onchain

this is the first defi mullet product and it's only been a couple months - this flywheel is going to bring billions and billions of capital onchain

and this is only the first integration - we are just getting started.

Here is what happens with @base DeFi gets directly integrated into the @coinbase core app. 📈

And keep in mind, this is capped so we haven't even seen the full potential yet -- or the integrations to come!

Planning to do more Defi integrations with @base builders, and provide various options for distribution

The DeFi mullet

Brian Armstrong

@base builder #001; onchain cities w/ OAK & city3

and this is only the first integration - we are just getting started. 

https://x.com/brian_armstrong/status/1896654227206004959?s=46

track the growth on @dune.eth 

https://dune.com/ryanyyi/coinbase-onchain-loans