Coinbase's asset manager to offer stablecoin credit fund with tokenized share class
The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.
The announcement of the CUSHY fund is likely to attract institutional interest in stablecoin investments, potentially leading to increased demand for crypto assets. Prices may experience upward pressure as institutional capital flows into the market.
The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.
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