Coinbase Now Offers 2% Rewards on Dai Stablecoin Accounts
The program applies to customers residing in the U.S., U.K., The Netherlands, Spain, France and Australia.
DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
Maker's MKR token surged to its highest level in more than two years.
MakerDAO's ingestion of centralized stablecoins may help maintain a $1 peg. But it could also invite more regulatory scrutiny.