Base: Tokenized Stocks Onramp New DeFi Users
Jesse Pollak noted that tokenized Mag 7 stocks are bringing fresh users into DeFi on Base, with holders depositing $9.57M on Aave and borrowing $4.08M USDC, three-quarters of them new to the protocol.
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Base is seeing tokenized Mag 7 stocks act as a fresh onramp into DeFi, according to Jesse Pollak. Holders deposited $9.57M on Aave and borrowed $4.08M USDC, with three out of four participants new to the protocol. Mastercard also rolled out Agent Pay for Machines on Base alongside Cloudflare, while Coinbase and The Block research showed USDC transfers on Base cost 86% less than legacy rails. Liquidity pools expanded, including Morpho Midnight surpassing $100M in deposits and Spark supplying $400M USDC to the cbBTC market.
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@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.