How does USDC work on Coinbase?
Sukhveer SagarMay 09, 2022 · 3 years ago1 answers
Can you explain how the USDC stablecoin works on the Coinbase platform?
1 answers
- May 09, 2022 · 3 years agoUSDC 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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