Coinbase Custom Stablecoins Expand Business Crypto Options
Coinbase has announced a new feature that allows partners to create custom branded stablecoins. This move aims to give businesses and organizations more flexibility in how they use stablecoins.
The launch shows Coinbase’s continued push to expand its services beyond traditional crypto trading. In other words, the company wants to support not just investors, but also businesses building in the crypto ecosystem.
What Are Custom Stablecoins?
Custom stablecoins are digital currencies that maintain a stable value, often pegged to the US dollar, but carry the branding of the organization that issues them.
For example, a company could issue a stablecoin with its own logo and use it for payments, loyalty programs, or internal transactions. This…
