Coinbase debuts business platform for USDC payments

Coinbase has introduced Coinbase Business for USDC payments, allowing seamless integration with APIs and eliminating chargebacks for businesses.

Balances in USDC on Coinbase Business provide an annualized return of 4.1%, with the ability to transfer funds to linked bank accounts using Wire or ACH.

Coinbase plans to expand its stablecoin services, negotiating a 1.5 billion USD acquisition of BVNK and advancing AI-powered payment solutions.

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