Coinbase will transfer USDC accounts to the Base chain
2024-03-27 01:28:46
Coinbase Vice President Max Branzburg announced that Coinbase plans to transfer more customers and enterprise USDC stablecoin accounts to its Ethereum Layer2 blockchain base, with the aim of reducing costs and shortening settlement times. Some in the cryptocurrency industry believe that this move is a positive step towards the future of on chain finance, setting an example for other exchanges and potentially impacting the broader banking industry.
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