Solana blockchain's custom stablecoin USDF is now live

BlockBeats News, May 20th, the Solana-based custom stablecoin USDF launched in collaboration between Coinbase and Flipcash has gone live.

USDF leverages Coinbase's infrastructure for issuance, compliance, and settlement, as part of Coinbase's "Custom Stablecoins" program, enabling enterprises/protocols to easily issue their own branded US dollar-pegged stablecoins for use cases such as payments, payroll, cross-border settlements, while ensuring regulatory compliance.