Coinbase Stablecoin Payments Enabled
- here's a breakdown of the key facts from the provided text, formatted for clarity:
- * Coinbase app now allows sending USDC (stablecoin) too recipients via: * Phone number * Email address * Wallet address * Ethereum Name service...
- * Free on-chain USDC sends via Base (up to 20 sends/month).
Coinbase USDC Payment updates – Key Facts
here’s a breakdown of the key facts from the provided text, formatted for clarity:
New Payment Options:
* Coinbase app now allows sending USDC (stablecoin) too recipients via:
* Phone number
* Email address
* Wallet address
* Ethereum Name service (ENS)
* Paylink
Payment Details:
* Instant peer-to-peer payments globally.
* No limits on payment amounts.
* No fees for most USDC transfers.
* Free off-chain USDC sends.
* Free on-chain USDC sends via Base (up to 20 sends/month). After 20 sends, network fees apply.
Coinbase Strategy:
* coinbase aims to make sending money as easy as sending “memes.”
* Coinbase is investing heavily in marketing to position itself beyond a simple cryptocurrency exchange.
P2P Payment Trends:
* Peer-to-peer payments are increasingly popular, especially among millennials and Gen Z.
* Over half of Millennials and Gen Z use P2P payments for both in-store and online purchases.
* 53% of consumers aged 18-25 use payment apps more frequently than before.