Crypto Exchange Coinbase Introduces Its Own Stablecoin Payments Platform
U.S.-listed cryptocurrency exchange Coinbase (COIN) is introducing a platform for stablecoin payments to enable businesses to send and receive USDC, the company said on Thursday. Named simply "Coinbase Business," the new set of tools will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations, empowering businesses to scale efficiently, the exchange said. USDC balances held in Coinbase Business earn 4.1% APY, and can be cashed out on demand to a linked business bank account ...