Coinbase Announces Zero-Fee USDT to USDC Stablecoin Conversion
The events of the past few weeks have put some stablecoins to the test, and we’ve seen a flight to safety," the exchange said in a blog post. "We believe that USD Coin (USDC) is a trusted and reputable stablecoin.
Launched in 2018, USDC is managed by Centre, a consortium formed to improve the mainstream adoption of stablecoins. Coinbase, along with the Boston-based financial services company Circle, is the founding member of the consortium. Tether's USDT to Circle's USDC with zero-fee trades.
Source
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