WalletConnect x GDN, Squads & Coinbase USDC, MetaMask mmUSD Rumor

Welcome to The Daily Yield – your daily source for the latest in stablecoin and industry news, powered by Stabledash and hosted by Drew Rogers.

Today's Headlines:

WalletConnect Joins Global Dollar Network: 150+ million wallets now gain access to USDG, propelling on-chain stablecoin adoption at unprecedented scale through the protocol's 337M+ connections and role as "connectivity layer for financial internet."

Squads & Coinbase Set USDC as Default: USDC becomes the core stablecoin for Squads' $10B+ Solana treasury suite (Altitude, Fuse, Grid), reinforcing its position in DeFi and payments. Platform already secures $1B+ USDC representing 15% of Solana supply.

MetaMask Stablecoin Incoming?: Leaks suggest MetaMask is building its own stablecoin (mmUSD), reportedly backed by Stripe, Blackstone, and M^0 platform support, to potentially challenge USDC dominance across its 100M+ user base.