Coinbase Urges Customers to Ditch Tether America’s largest cry | CryptoExplorer ✪

Coinbase Urges Customers to Ditch Tether
America’s largest crypto exchange, Coinbase, doesn’t want its customers to use the Tether stablecoin. It’s instead offering incentives on its own stablecoin, USDC. In a company blog post on Dec. 8, Coinbase urged its customers to “switch to the trusted and reputable digital dollar: USDC.” It added that USDC is one of the most trusted and reputable stablecoins, fully backed with “high-quality reserves.” The move was a shot at rival stablecoin Tether, which remains the market leader. Read more