Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
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Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive step towards an on-chain financial future, setting […]
Coinbase has entered a new strategic partnership with crypto payments infrastructure provider Mercuryo. The two entities joined efforts to make it cheaper for users to purchase USD Coin (USDC) directly within the popular MetaMask wallet. The partnership promises to cut on-ramping fees by about 50%. This is poised to open…
Klarna collaborates with Coinbase to raise USDC funding from institutional investors, diversifying capital sources and enhancing liquidity options globally. Klarna, the global digital bank and payments platform, announced a strategic partnership with Coinbase to raise USDC-denominated short-term funding. This project will supplement the conventional sources of Klarna, which are consumer…