Coinbase has announced its intention to support ERC20 tokens on its exchange, reversing previous statements from January, in a blog post published March 26.
In the post, Coinbase said its decision to support ERC20, which is the technical standard used for smart contracts on the Ethereum blockchain and the protocol used for many of the thousands of altcoin assets in existence, “paves the way for supporting ERC20 assets across Coinbase products in the future.”
The move comes several weeks after the US’ largest exchange and wallet provider added ERC20 token support to its Ethereum wallet and DApp (decentralized application) browser Toshi.
https://cointelegraph.com/news/coinbase-paves-way-for-new-altcoin-support-with-erc20-upgrade
