Coinbase enables USDC transactions on Arc network via app and website

Summary

Coinbase has launched the ability to send and receive USDC on the Arc network, making this feature accessible on coinbase.com and the Coinbase mobile apps for users in supported regions. This integration enhances Coinbase's services by allowing USDC transfers directly through its core applications.

Tokens

$USDC

Analysis

USDC: USDC is a fiat-backed stablecoin issued by Circle and pegged to the US dollar. It serves as a digital dollar for transfers, payments, and trading across supported blockchains and platforms. The news directly enables sends and receives of USDC specifically on the Arc network through Coinbase services. Coinbase: Coinbase operates a major cryptocurrency exchange and provides wallet, trading, and app-based services for digital assets. It has integrated support for sending and receiving USDC on the Arc network, making the feature available directly on its website and in its iOS and Android apps in supported regions. Arc network: Arc network is a blockchain network that now supports USDC transactions. The news announces its integration for sends and receives via Coinbase platforms, expanding user access to the stablecoin on this network. Integration: Coinbase has added Arc network support for USDC transfers in its core web and mobile applications. Accessibility: The new capability is available to users in supported regions through both coinbase.com and the Coinbase mobile apps.

Categories

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