Coinbase Asset Management (CBAM) has launched CUSHY (Coinbase Stablecoin Credit Strategy), a credit fund linked to the stablecoin market, Coindesk reported. The fund aims to generate returns through on-chain lending and can issue stock tokens on Ethereum, Solana, and Base chains using the FundOS platform from tokenization specialist Superstate. This allows institutional investors to hold and manage fund stakes via blockchain.
