Coinbase Partners With Stripe to Enable USDC Transfers on Base [BNN Bloomberg (Canada)]
Coinbase Global, Inc. - Class A (COIN)
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Source: BNN Bloomberg
Stripe is also adding USDC on Base to its fiat-to-crypto on-ramp, and in turn that on-ramp is being added to the Coinbase Wallet. That will enable users on either platform to instantly buy USDC with credit cards and Apple Pay. “Crypto technology has advanced to the point where it provides a faster and more efficient infrastructure that we think is primed to enable broader adoption to users around the world,” said Shan Aggarwal, Coinbase's vice president of corporate and business development. Stripe's partnership with Coinbase is the latest move by the fintech giant to bring back crypto payments, following an announcement in April that its merchants would be able to take the USDC stablecoin as a form of payment. Stablecoins like USDC are cryptocurrencies designed to track another asset — in this case the US dollar — one-to-one. In 2022, privately held Stripe piloted a program that allowed creators on Twitter to get paid in USDC. However, the last time Stripe accepted Bitcoin payme
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Sec Filings
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