In a move aimed at making USDC transfers more affordable, Coinbase has joined forces with Mercuryo. The partnership is expected to significantly reduce on-ramp fees for users of the Ethereum-based wallet via Base, offering cost savings for both newcomers and existing MetaMask users. 🌎 This initiative comes at a time when stablecoins are gaining increased attention from regulators and financial institutions alike. The recent passage of the GENIUS Act in the US is driving this momentum for dollar-pegged tokens like USDC, while companies such as Circle actively integrate them into their services. 🚀 Coinbase has further bolstered its efforts to enhance USDC accessibility by partnering with JPMorgan to convert credit card rewards into USDC and expanding its reach beyond crypto. 🤝 With USDC’s circulating supply exceeding $61 billion in recent months, this latest collaboration could solidify Coinbase’s position within the competitive stablecoin market.