How does USDC work on Coinbase?

Manoj SrivastavaDec 17, 2021 · 3 years ago1 answers

Can you explain how the USDC stablecoin works on the Coinbase platform?

How does USDC work on Coinbase?

1 answers

Dec 17, 2021 · 3 years ago
USDC on Coinbase is a popular choice for traders and investors due to its stability and ease of use. It allows users to quickly move funds between different cryptocurrencies and fiat currencies without the need for traditional banking intermediaries. Additionally, USDC can be used as collateral for borrowing and lending on various decentralized finance (DeFi) platforms. Overall, USDC on Coinbase provides a reliable and efficient way to transact with US dollars in the digital asset space.

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