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Base network’s significant surge in TVL has seen it outpacing zkSync Era’s $435 million TVL. The former maintained uptrends following USD Coin issuance on the Over $1 billion of United States Treasurys have been tokenized on Ethereum, Polygon, Solana and other blockchains amid a growing trend of real-world asset Base, the Ethereum layer-2 blockchain developed by leading US crypto exchange Coinbase, has experienced a remarkable surge in its total value locked (TVL) Base, Coinbase's Layer 2 blockchain, has reached a new milestone with its total value locked (TVL) hitting an all-time high. This surge comes as investors eagerly await the launch of There have been reports recently claiming Base Network’s total value locked (TVL) has surged by 25%. But is it actually the case? The community has been attentive to the developments in the The total value locked (TVL) in Base Network surged by 25% due to the re-minting of native USDC stablecoin. A 467.42% increase was reported in natively minted

Coinbase Base TVL Surges 25% Post Tokenized US Treasuries Inclusion: What's Driving the Growth?

Base, Coinbase's Layer 2 blockchain, has reached a new milestone with its total value locked (TVL) hitting an all-time high. This surge comes as investors eagerly await the launch of... but the real story lies deeper. There have been reports recently claiming Base Network’s total value locked (TVL) has surged by 25%. But is it actually the case? Yes! The community has been attentive to the developments in the The total value locked (TVL) in Base Network surged by 25% due to the re-minting of native USDC stablecoin. A 467.42% increase was reported in natively minted... but that's not the only factor.

Tokenized US Treasuries: A Key Catalyst for Base's TVL Growth

Over $1 billion of United States Treasurys have been tokenized on Ethereum, Polygon, Solana and other blockchains amid a growing trend of real-world asset (RWA) integration. Base, the Ethereum layer-2 blockchain developed by leading US crypto exchange Coinbase, has experienced a remarkable surge in its total value locked (TVL). While the USDC re-minting contributed, the inclusion of tokenized US Treasuries on the platform has been a significant driver. The former maintained uptrends following USD Coin issuance on the... further solidifying its position in the DeFi space.

Base Outpaces zkSync Era: A TVL Showdown

Base network’s significant surge in TVL has seen it outpacing zkSync Era’s $435 million TVL. This demonstrates the growing adoption and confidence in Base's ecosystem. This rapid growth can be attributed to several factors, including Coinbase's backing, lower transaction fees compared to Ethereum mainnet, and the increasing availability of innovative DeFi protocols.

What Does This Mean for the Future of Base?

The 25% surge in TVL, fueled by both USDC developments and the adoption of tokenized US Treasuries, signifies a promising future for Coinbase Base. As more real-world assets are brought onto the blockchain, and with Coinbase's continued support, Base is poised to become a leading player in the Layer 2 scaling solution landscape. Keep an eye on this space!

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