Coinbase and Mercuryo Slash USDC Transfer Fees: Boosting Base Network Adoption

Coinbase has partnered with Mercuryo, a payment infrastructure provider, to reduce fees for transferring USDC to the Base network using MetaMask wallets. This move is expected to slash fees by up to 50%, making USDC transfers more affordable. The partnership addresses growing interest in stablecoins following regulatory changes like the GENIUS Act and Circle’s new stablecoin-focused Layer-1 network. Mercuryo CEO Petr Kozyakov predicts significant benefits for MetaMask users, highlighting the potential impact on USDC adoption.