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.