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Coinbase Expands to Over 100 Countries and Adds Support for USDC Stablecoin

Published 05/16/2019, 08:10 AM
Updated 05/16/2019, 09:21 AM
 Coinbase Expands to Over 100 Countries and Adds Support for USDC Stablecoin

Coinbase is now accessible in more than 100 countries, while the USDC stablecoin is now available in 85 countries, the exchange announced on its blog. The news arrives at a time when digital asset prices are spiking again, and interest in crypto investments and trading is renewed.

“Stablecoins like USDC have a number of advantages over cash: they can be transferred near-instantly and globally, used in a wide variety of dApps, and stored securely and privately in a crypto wallet. Unlike other cryptocurrencies, each USDC is backed by $1 USD with monthly transparency audits showing 100% USD backing,” Coinbase pointed out.

This article appeared first on Cryptovest

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