What is the preferred stablecoin of Coinbase?

7 answers

• May 10, 2022 · 3 years ago
  Coinbase, being one of the leading cryptocurrency exchanges, has a preference for the USDC stablecoin. USDC, also known as USD Coin, is a popular choice for Coinbase due to its stability and transparency. It is a regulated stablecoin backed by real-world assets, making it a reliable option for users.
  301

  151
• May 10, 2022 · 3 years ago
  When it comes to stablecoins, Coinbase has a clear favorite - USDC. This stablecoin, which is pegged to the US dollar, offers stability and trustworthiness. Coinbase values the transparency and regulatory compliance of USDC, making it their preferred choice for stablecoin transactions.
  286

  96
• May 10, 2022 · 3 years ago
  As an expert in the field, I can confidently say that Coinbase's preferred stablecoin is USDC. However, it's important to note that there are other stablecoins available on the market, such as Tether (USDT) and DAI, which are also widely used by traders and investors.
  268

  67
• May 10, 2022 · 3 years ago
  Coinbase, being a prominent player in the cryptocurrency industry, has chosen USDC as their go-to stablecoin. USDC is backed by Coinbase and Circle, and it has gained popularity due to its transparency and regulatory compliance. With USDC, Coinbase ensures a stable and reliable trading experience for its users.
  312

  63
• May 10, 2022 · 3 years ago
  USDC is the preferred stablecoin of Coinbase. This stablecoin is backed by Coinbase and Circle, making it a trusted and regulated option. With USDC, Coinbase aims to provide a stable and secure environment for cryptocurrency traders and investors.
  247

  42
• May 10, 2022 · 3 years ago
  Coinbase, like many other exchanges, favors USDC as their preferred stablecoin. USDC offers stability and transparency, making it a reliable choice for Coinbase users. It's worth noting that USDC is regulated and audited, giving users peace of mind when using this stablecoin.
  276

  40
• May 10, 2022 · 3 years ago
  BYDFi, a digital currency exchange where I currently work, has observed that Coinbase prefers to use USDC as their stablecoin of choice. USDC is known for its stability and regulatory compliance, making it a popular option for Coinbase and other exchanges alike.
  262

  33