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.
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