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Coinbase Launches Custom Stablecoin Solution, Accessible via Coinbase's Global Distribution Network
BlockBeats News, December 18th, during a press conference, Coinbase announced on Wednesday the launch of a custom stablecoin service that allows enterprises to create branded stablecoins, which are hosted by Coinbase and backed 1:1 by collateral assets. The advantages include:
· Earn yield based on usage and transaction activity;
· Seamless cross-chain interoperability;
· Access to Coinbase's global distribution network.
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