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TL;DR Strategic Partnership: Coinbase and Stripe join forces to enhance digital asset adoption. The focus is on integrating the USDC stablecoin into Coinbase's Layer-2 Platform Base and making it available through Stripe's fiat-to-crypto on-ramp. USDC for Cross-Border Transactions: With nearly 150 fiat equivalents supported, users can convert fiat into digital assets seamlessly.
In a notable step in the cryptocurrency payment industry, Coinbase exchange has joined forces with Stripe to facilitate USD Coin (USDC) transactions on the Base network. The Coinbase layer2 network Base will capitalize on Stripe's capabilities to enable smooth cryptocurrency transactions.
Under this partnership, Coinbase will also be integrating Stripe's fiat-to-crypto on-ramp thereby allowing its users to purchase crypto with credit cards and Apple Pay.
Crypto exchange Coinbase has partnered with payments company Stripe to benefit both their customer bases.
Coinbase and Stripe collaborate to integrate USDC, enhancing crypto payment options globally.
Digital asset exchange, Coinbase has announced a partnership with payment firm Stripe to expand on-chain adoption and faster services. The partnership will see both firms add support for their financial infrastructure on their respective platforms.
USDC's net inflow to centralized exchanges could indicate strategic buying by crypto investors.
This integration means that Algorand users can directly deposit and withdraw their USDCa on Coinbase. It eliminates the need for multiple applications and significantly reduces transaction friction.
Phishing attacks target wallets, transferring funds to exchanges like Bybit. Increased incidents reflect rising cyber threats in cryptocurrency transactions.
USDC issuer Circle has outlined plans for a proposed initial public offering (IPO), but a new report indicates the stablecoin company's previous attempt to go public was dogged by regulatory questions from the U.S. Securities and Exchange Commission (SEC).
The co-founder of Circle, the company issuing the stablecoin USD Coin, has stated that he is “more bullish than ever on the crypto sector.”
Circle's anticipated IPO faces regulatory hurdles as the SEC questions if USDC, its stablecoin, should be classified as a security. The post SEC's scrutiny of USDC could derail Circle IPO plan: Barron's appeared first on Crypto Briefing.
Circle USDC stablecoin is expected to gain market share from Tether's USDT due to new EU digital asset regulations (MiCA).
The US SEC has raised concerns over the status of Circle's stablecoin, USDC, as the company seeks to go public in a multi-billion dollar initial public offering (IPO), Barron's reported on June 18, citing regulatory documents.
USDC stablecoin issuer Circle has announced the launch of Circle Credits, an investment program designed for developers. Circle Credit Program to Boost Web3.0 Developers Jeremy Allaire, the co-founder and CEO of Circle took to X to share the news of its latest addition.
Binance Margin introduces new FDUSD, USDC, and USDT trading pairs on Cross and Isolated Margin, enhancing user trading experience and portfolio diversification.
A substantial $250 million worth of USDC has been minted on Solana within the past 24 hours.
With this update, sending USDC is entirely gasless for smart wallet users on Coinbase's blockchain. It eliminates the need for transaction fees and makes payments both free and instantaneous.
Diversify your crypto portfolio with these three high-yield options for staking, balancing risk, and reward for steady passive income.
Franklin Templeton, a global leader in asset management, has announced its collaboration with Zero Hash, the forefront infrastructure platform for crypto and stablecoins. This partnership marks the integration of USDC funding rails into Franklin Templeton's operations, facilitating purchases and redemptions for the Franklin OnChain U.S. Government Money Fund (FOBXX).
USDC on Benji Investments is now supported to USD conversions for investing in Franklin OnChain US Government Money Fund shares.
Binance's new tournament lets users compete for $1.2M in USDC rewards by trading selected tokens.
Despite having no profiting outlook, stablecoins are part of every single investor, and there is more than one reason behind that. These are easily understandable by their name, Stablecoins, as in a comparatively stable cryptocurrency.
Circle, which issues the USDC stablecoin, has taken $60 million worth of USDC out of circulation on the Ethereum network permanently.
