Request for Stablecoin Startups
In July 2020, USD Coin (USDC) achieved its biggest milestone to-date, crossing $1 billion in total market cap. Occurring only 21 months after it was initially launched in late 2018, this represented a significant accomplishment, solidifying USDC as the leading fully-backed, regulated digital dollar. Now, only two short months later, USDC’s market cap has doubled to reach $2 billion.
Stablecoins are one of the most promising vehicles for creating greater financial access and inclusion. Coinbase was founded with the mission of creating an open financial system for the world, but we can’t do it ourselves. In celebration of USDC’s tremendous growth, and the rapid rise of stablecoins as an important crypto innovation, we’re issuing a Request for Startups.
Coinbase Ventures and the USDC Bootstrap Fund are excited to fund and work with promising startups and with developers building decentralized protocols that advance our mission.
To apply, please fill out the short questionnaire below.