Coinbase pitches “inflation-proof” flatcoins against struggling USDC
Despite years of cheerleading for USDC alone, Coinbase wants to diversify into flatcoins and other stablecoins on its Ethereum Layer 2, Base.
Cryptocurrency news by Protos · Protos
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Show Notes
Coinbase wants to create more stablecoins to diversify away from its longtime favorite, the beleaguered USDC. The $16 billion crypto exchange has published its intent to develop a suite of experimental, inflation-adjusting stablecoins. These so-called ‘flatcoins’ will denominate trading pairs on Base, its proprietary Ethereum Layer 2 network.
You can find out everything you need to know about Coinbase's new 'flatcoins' by listening to the article above.
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