Onchain asset manager Maple is taking syrupUSDC to Coinbase’s Base network, adding institutional credit rails while pursuing Aave's Base instance next.
Onchain asset manager Maple is extending its yield-bearing US dollar token, syrupUSDC, to Coinbase’s Base network, plugging institutional credit directly into a fast‑growing Ethereum layer-2 ecosystem.
According to a Thursday release shared with Cointelegraph, the launch will provide the company with a “direct path” to Coinbase’s broader ecosystem of users and products, while making institutional-grade yield available to a wider base of onchain users, rather than keeping it siloed on the Ethereum mainnet.
An Aave governance proposal is also currently live to onboard syrupUSDC as collateral on the Aave V3 Base Instance, if the vote passes.
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