Coinbase now provides complete assistance for USDC on Avalanche, offering Coinbase users with more than 100M members an expedient and cost-effective route to access leading DeFi apps like Aave, Curve, Trader Joe, BENQI and others.
Coinbase, with its daily trading volume surpassing $1.2 billion, acts as a major platform for onboarding users from the U.S. and 100+ other countries. Now, users and developers can access cash to USDC and back without relying on middlemen such as bridges, simplifying the process for everyone involved.
USDC is one of the biggest stablecoins in Web3 and its circulating supply is worth $43 billion USDC on various networks. It’s convenient for both US and international crypto traders to buy and sell Avalanche-native USDC on Coinbase services, accessible from any device.
Exchange Cash to Any Crypto in Seconds
Stablecoins are essential for a thriving environment, since crypto investors and big organizations have been utilizing stablecoins such as USDC to protect their portfolios and reduce price instability.
Traders utilizing Avalanche to send or receive USDC can be sure that their transactions are nearly instantaneous and cost-effective. They don’t have to worry about the reliability of their USDC transfers or high fees eroding assets and returns.
Global DeFi systems demand rapid transaction completion to guarantee that value is not vulnerable. Avalanche is the best blockchain answer for DeFi.
“Physical fiat currency is increasingly becoming a relic of the past — a trend which the COVID-19 pandemic has accelerated. A fundamental restructuring of legacy payments and financial infrastructure is not only warranted, but overdue. Together, Avalanche and Circle will pioneer solutions to these systemic challenges.”
– Ava Labs President John Wu
