Coinbase Introduces P2P Payments with $USDC, Enhancing Best Wallet
Coinbase has launched a new peer-to-peer payments feature for USD Coin (USDC), allowing users to send money globally without fees, using just a phone number, email, or link.
Key Points
- The feature simplifies crypto transactions by removing the need for complex wallet addresses.
- Transactions are instant and available 24/7, even for international payments.
- This positions Coinbase as a competitor to traditional payment services that charge fees for cross-border transfers.
- The stablecoin market is currently valued at over $300 billion, indicating growing interest in digital dollars.
The introduction of this feature aims to make cryptocurrency more accessible and integrate it into everyday financial activities.