Coinbase Launches Stablecoin Platform for Global Business Payments

Coinbase has unveiled its stablecoin payment platform, Coinbase Business, enabling secure and swift global payments utilizing USDC. This new offering facilitates low-fee transactions with rapid settlement times. 🧠 The company emphasizes the potential increase in on-chain activity as businesses increasingly adopt stablecoins for international payments. 🚀 The platform is backed by a partnership between Coinbase and Circle, co-founders of USDC. It offers global coverage and simplifies the process of sending and receiving USDC payments, ensuring secure transactions for companies worldwide.