Coinbases has improved a lot over the year. I remember they used to have avaerage wallet and the payment services. Then they got the funding and slowly started turning the exchange into far more than that. They launched their chain, social media and also the credit fund. Now this is a stablecoin attached fund. 

This would bring more investors on the coinbase and base chain. Also the liquidity movement would make the crypto and the chains gain a lot out of this. 

The way such funds are being built and the variety of investors happen to gain in that aspect that would also be helpful for the BASE chain. Because they needed the use case and the external investors. Some of them can be pretty useful and also adoption remains the key here. But in the grand scheme of things let's hope things settle the right way. 

You can read more about the fund here. 

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