Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries

By CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, as the crypto exchange is taking the opportunity to double down on USDT’s problems and expand USD Coin (USDC) trading into 85 countries. USDT is the result of a collaboration between Coinbase and Jeremy Allaire’s Circle. According to the Coinbase website, the exchange does not support USDT. Coinbase Is Going All in With USDC Expansion It’s an incredibly sharp move by Coinbase, and the timing couldn’t be

The post Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries appeared first on CCN

Source: https://www.ccn.com/coinbase-tether-usd-coin

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