$USDC

Coinbase (Nasdaq: COIN) announced on June 18 its new solution to simplify payments with stablecoins: Coinbase Payments. This full-stack system focuses on USD Coin (USDC), providing instant payments, 24/7 without the need for blockchain expertise. It is already operational with Shopify and aims at payment service providers, marketplaces, and e-commerce platforms.

Coinbase emphasized the growing importance of stablecoins, reporting $30 trillion in settlements last year, tripling the figure from the previous year. "Coinbase Payments is the first full-stack stablecoin payment solution built for large-scale commercial platforms. It abstracts the blockchain so you can offer native cryptocurrency payments without the need for native cryptocurrency teams," the company explained, elaborating:

Nodal Clear, a derivatives clearing organization regulated by the CFTC and part of the EEX Group under Deutsche Börse, emphasized the alignment of USDC with its strict risk management protocols.

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