The custom stablecoin USDF on the Solana chain has been launched

The Solana chain customized stablecoin USDF, jointly launched by Coinbase and Flipcash, is now live.

USDF utilizes Coinbase's infrastructure for issuance, compliance, and settlement, and is part of Coinbase's "Custom Stablecoins" program, allowing businesses/protocols to easily issue their own branded dollar stablecoins for payments, payroll, cross-border settlements, etc., while maintaining regulatory compliance.