Coinbase launches customized stablecoin service, accessible through Coinbase's global distribution network
On Wednesday, Coinbase announced at a press conference the launch of a customized stablecoin service, allowing users' businesses to create branded stablecoins, hosted by Coinbase and backed 1:1 by collateralized assets. The advantages include:
Earning based on usage and trading activity;
Seamless interoperability across chains;
Access to Coinbase's global distribution network.
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