Coinbase and Stripe have partnered to integrate USDC (CRYPTO:USDC) across Stripe’s crypto product suite, enhancing global money transfers to over 150 countries.
This collaboration includes incorporating USDC on Base into Stripe’s payment infrastructure, facilitating faster and cheaper transactions worldwide.
Additionally, Coinbase will integrate Stripe’s fiat-to-crypto onramp into Coinbase Wallet, enabling users to purchase crypto instantly using credit cards and Apple Pay.
The partnership underscores the growing importance of stablecoins like USDC in bridging traditional finance with the crypto economy.
USDC, known for its transparency and regulatory compliance, has seen increased adoption, becoming the second-largest stablecoin by market cap.
This move aims to leverage Stripe’s extensive global payment network and Coinbase’s market reach to promote USDC as a mainstream digital currency.