
The Base blockchain has emerged as a significant hub for onchain financial activities, with several notable developments. EURC has become the largest euro stablecoin by market cap, reaching approximately €26 million since early August and nearly doubling since the MiCA launch three months ago. USDC volumes on Base have surged to $250 billion in September, a threefold increase from August, marking a 152% rise in the past 30 days and a 69-fold increase this year. Moonwell and MorphoLabs are addressing the growing demand for euro-denominated lending and borrowing, with around €10 million supplied across Moonwell's EURC Core Market and Flagship Vault. Additionally, Fortunafi has introduced the first tokenized hedge fund strategy on Base, and USD+ stablecoin is now live on the platform, offering a 5% APY. Coinbase users can now withdraw Bitcoin to Base and use it onchain, with $13.2 million cbBTC supplied to Moonwell.


🌜🟠🌛 The trend continues...$13.2M cbBTC now supplied to @MoonwellDeFi on @Base. https://t.co/6nieiVHgaJ https://t.co/4wGd4BK5jK
🌜🟠🌛 Remember the days of complex bridges and swaps? @Coinbase users can now withdraw their Bitcoin to @Base and start using it onchain right away in apps like Moonwell. Moonwell, together with cbBTC, is helping to build a more interconnected, accessible onchain economy. https://t.co/FGXQMI9oQf
💰 #USD+ is now live on @Base 💥 @ionicmoney has welcome @overnight_fi's stablecoin, offering a 5% underlying APY to a diversified basket of yield-bearing collaterals. 🔥 Here's what it means 🏗️ New market on Base 📣 5% APY: Earn passive income with a stable and secure… https://t.co/CWYDUXEOOx