Coinbase, the leading crypto currency exchange, is increasing the number of traditional fiat ramps. It will use stablecoin USD Coin (USDC) to attract global investors who want to protect against value and risk from inflation and also to make crypto purchases by minimizing price fluctuations. The company says the USDC trade is now available in Coinbase and Coinbase Pro in 85 countries
According to the announcement:
In 2020, consumer prices are expected to increase by 10-20%. money may provide an opportunity to protect against inflation. We cannot fully realize this vision without increasing the number of traditional ramps we are committed to expanding as much as possible.
Coinbase cooperates consistently with Circle
USDC Coinbase's stable co-operation with the crypto services company Circle, not supported by the dollar and unlike other crypto currencies exposed to market volatility, it is fixed at $ 1: 1.
Coinbase adds transactions between the crypto currencies in 50 new countries. Additional lists are part of the company's strategy to expand the cryptosphere and expand its trading platform in 32 countries just a year ago. The latest expansion opens the platform for millions of people living in the following countries:
Angola, Armenia, Aruba, Bahamas, Bahrain, Barbados, Benin, Bermuda, Botswana, Brazil, British Virgin Islands, Brunei, Cameroon, Cayman Islands, Costa Rica, Curaçao, Dominican Republic, El Salvador, Ghana, Guatemala, Honduras, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Macau, Maldives, Mauritius, Mongolia, Montenegro, Namibia, Nepal, Nicaragua, Oman, Panama, Paraguay, Rwanda, Serbia, South Africa, Taiwan, Trinidad and Tobago, Tunisia, Turkey Uganda, Uruguay, Uzbekistan and Zambia.
Coinbase also launched XRP trade for New York residents.
Coinbase beginning in February Coinbase He traded with XRP Pro and enabled customers to buy and trade the XRP with Bitcoin, US Dollar and Euro.
Most recent news Follow us on our Telegram channel, on our Instagram account, on our Facebook page and on our Twitter