Coinbase has made a series of impactful moves, startlingly ending trading between
Argentinian pesos (ARS) and
USDC stablecoin, less than a year after launching services in Argentina. Despite these local setbacks, globally,
Coinbase has been driving the adoption of
USDC for payments and financial services. Meanwhile, the
Visa giant is extending
USDC settlement into the US market, following a $3.5 billion stablecoin pilot.
Coinbase has inked partnerships, notably with
BC Card to pilot a USDC-based payment solution in Korea, and with
Klarna to enable USDC-denominated funding.
Intuit plans to integrate
USDC stablecoin across its platforms, including
TurboTax and
QuickBooks. However, there remain perilous factors such as the
US Federal Reserve's cuts to interest rates impacting USDC rewards.
The
TRUMP memecoin team has made headlines by moving vast amounts of
USDC to
Coinbase. Travellers on
Trip.com can now use stablecoin payments, with options including both
USDT and
USDC for prepaid bookings. Despite the presence of strong competitors like
Tether (USDT),
USDC has been recommended in analysis as a better buy for a stablecoin. Several analyses foresee
USDC 'supplanting fiat' in the $20 trillion cross-border payments market. Stablecoins like USDC have been cleared by the
CFTC to be used as collateral in the crypto sector. Moreover,
USDC supply has seen an all-time high, topping a $60 billion market cap.
USDC Coin News Analytics from Thu, 27 Mar 2025 07:00:00 GMT to Sun, 04 Jan 2026 20:23:17 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -5
