Home ยป Coinbase Commerce Adds Support for USD Coin

Coinbase Commerce Adds Support for USD Coin

news - Coinbase Commerce Adds Support for USD Coin

[Coinbase Commerce service has added support for the dollar-pegged stablecoin USD Coin (USDC).

“Businesses can now receive payments in USDC from customers in minutes with zero transaction fees and no chargebacks,” Coinbase announced in a blog post on Monday.

Coinbase Commerce, a Coinbase merchant service that allows merchants to accept multiple cryptocurrencies payments from global customers was launched in February 2018. Currently, the service supports bitcoin (BTC), Bitcoin Cash (BCH), ether (ETH), and Litecoin (LTC) payments alongside the new USDC.

USDC was launched late last year by crypto finance startup Circle and Coinbase.

As a reminder, a few weeks ago, Coinbase added 50 more jurisdictions to its coverage, including such countries as Brazil, South Africa and Taiwan, among others, the firm announced in a blog post on May 14. As of today, Coinbase serves customers in 103 countries in total.

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