Coinbase Global, Inc. (COIN.US) announced on Monday that its investment management division has formed a partnership with Apollo Global Management LLC (APO.US) to bring stablecoin-based credit strategies to the market. The collaboration aims to capitalize on the anticipated exponential growth of the stablecoin market, which is projected to surge from $300 billion in October 2025 to $30 trillion by 2030.

In a statement, Coinbase highlighted that the initiative bridges stablecoins, private credit lending, and the tokenized economy, seeking high-quality credit opportunities within the rapidly evolving stablecoin ecosystem. The proposed strategies will include: - Overcollateralized asset lending - Direct corporate lending - Holdings of tokenized credit assets

Coinbase emphasized that these strategies will prioritize projects compliant with the GENIUS Act, ensuring transparency through monthly audits and a 1:1 reserve mechanism.

Anthony Bassili, President of Coinbase Asset Management, stated, "The global stablecoin ecosystem operates 24/7 on blockchain platforms, unlocking opportunities unavailable in traditional private credit portfolios. We look forward to collaborating with firms worldwide to pioneer this emerging market."