Coinbase and Stripe Partner for Global USDC Adoption

[pangu]

Coinbase and Stripe have announced a partnership to integrate USDC on Base across Stripe’s crypto product suite. Stripe will incorporate USDC on Base into its crypto payouts, enabling faster, cheaper money transfers to over 150 countries.
Additionally, Coinbase will integrate Stripe’s fiat-to-crypto onramp into Coinbase Wallet, allowing users to buy crypto instantly with credit cards and Apple Pay.

https://beincrypto.com/coinbase-and-stripe-partner-for-global-usdc-adoption/

[DaveF]

The link from Coinbase https://www.coinbase.com/blog/coinbase-stripe-team-up-to-increase-global-adoption-of-crypto
Anything that increases BTC / crypto adoption, you don't have to like Coinbase or Stripe and lets face it a lot of people don't.  But, they are at least doing something in the crypto sphere.

USDC is at least a bit more regulated and transparent then USDT so there is that. On, the flipside I don't think there are a lot of places that are not full KYC with it. But if you are buying / selling with stripe you are already known.

-Dave

[Sky_T]

Wow! That will actually be a nice collaboration only if the system payout is faster and cheaper during transfer of money. I think many people will really want to use it since the purchase of crypto can be done by credit cards and Apple pay. Am looking forward for the partnership to be accomplished.

[alani123]

A victory nevertheless but we have to consider that this is a USDC aka a stablecoin partnership.

Coinbase just getting more usage for their token isn't exactly more use for crypto. People that deal with stablecoins often buy them or issue them directly with cash. For instance if you have a Coinbase account even in Europe where there is no USD balances, you can buy USDC with EUR. This completely circumvents using any actual crypto like Bitcoin.

So the news are good for Coinbase and their stock, but not a guaranteed better market for BTC. This might even take away some usage from Bitcoin actually.

[bitmover]

The link from Coinbase https://www.coinbase.com/blog/coinbase-stripe-team-up-to-increase-global-adoption-of-crypto
Anything that increases BTC / crypto adoption, you don't have to like Coinbase or Stripe and lets face it a lot of people don't.  But, they are at least doing something in the crypto sphere.

I think this is quite positive.

For example, coinbase didn't came to Brazil yet. But stripe did. I have received some payments in stripe already (a bit expensive but works)

I would love to see cryptocurrencies payment in stripe, probably with  cheaper fees

[X-ray]

Just about damn time, the untapped potential of payment processing using stablecoin is too good to pass on, just see this market cap and trading volume of stablecoin



this probably gonna motivate other stablecoin or another payment gateway company to do the same thing, this time USDC, next probably DAI and so on, USDT is kinda obvious in taking this direction as well, probably if there's no legal complication with this coinbase and stripe partnership they will proceed to do the same exact thing.

kinda tired seeing ourselves being forced to convert our stablecoin or crypto to fiat first to make transaction in big e-commerce site, it's time for direct crypto payment to thrive.