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RE: Coinbase and Circle partner to launch USD stable coin
I think it is also strategic for Coinbase as it can attract investors that have crypto on other exchanges by transferring to their stablecoin instead... Will be interesting to see if this finally gets Tether below being a Top 10 coin at this point.
Yep and it will be interesting if any other exchanges set up wallets for this stable coin. Without being able to transfer it to other exchanges, its use cases becomes rather limited.