https://cointelegraph.com/news/circle-co-founder-says-converge | Coin Bureau Insider

https://cointelegraph.com/news/circle-co-founder-says-converged-dollar-books-on-binance-would-be-good-for-usdc

Coinbase’s Governance Proposal Could Increase MakerDAO’s Revenue By $24M

On the MakerDAO governance forum today, Coinbase posted a proposal that seeks to move 33% of Maker's $1.6 billion Peg Stability Module (PSM) into a Coinbase Prime custody account. If passed, the proposal would boost Maker’s revenue by almost $24 million, due to the 1.5% annual percentage yield on the $528 million USDC in the Coinbase Prime custody account.

Additionally, the proposal will enable Maker to enjoy zero custody fees on its PSM allocation to Coinbase. Maker will also be able to freely mint, burn, withdraw and settle its allocated USDC almost instantaneously through Coinbase Prime.

https://www.theblock.co/post/168197/coinbase-releases-governance-proposal-that-could-increase-makerdaos-revenue-by-24-million