Coinbase Launches New Stablecoin Payment Platform for Businesses

Reported 14 days ago

Coinbase has introduced an all-in-one financial platform targeted at small to medium-sized businesses, enabling them to accept crypto payments, manage assets, and earn yields on stablecoins. Scheduled for launch later this year, Coinbase Business promises features like instant crypto settlements, multi-user access, and integration with accounting software. Businesses can earn up to 4.1% APY on USDC held in accounts while competing with fintech firms by streamlining operations from payroll to vendor payments.

Source: YAHOO

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