Coinbase and payment processor Stripe form partnership for onboarding
The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations.
Coinbase and Stripe have formed a partnership to bring fiat-to-crypto on-ramps and off-ramps for customers of both platforms, according to a June 27 announcement.
The new integration introduces support for USD Coin (USDC) on Base as part of Stripe’s crypto payouts, allowing faster cross-border remittances and settlements of fiat equivalents across 150 sovereign countries.
USDC will also be available as part of Stripe’s fiat-to-crypto on-ramp, facilitating easier onboarding for customers converting fiat to digital assets.
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Author: Vince Quill
