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via Cointelegraph · By Cointelegraph Staff

Coinbase Launches USDC-Backed Stablecoin with Flipcash

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USDC
USDC · Daily (1D)
$1.00−0.03%
Volume (24h)-

USDC Resistances

Resistance 1$1.00EMA 100, EMA 200+17
Resistance 2$1.00Fibo 0.382

USDC Supports

Support 1$1.00S2, Fibo 0.114+12
Support 2$0.9999Donchian Lower, Swing Low+7
Pivot point (PP)$1.00
Trend (1D)Sideways

USDC Fibonacci Retracement

61.8%$1.00
50%$1.00
38.2%$1.00
RSI (14)52.6

Daily (1D) · Data provided by COINOTAG DATA

CS
Cointelegraph Staff
(09:37 PM UTC)
1 min read
EW
Reviewed byEmily Watson

Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle's USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies.

According to Wednesday's announcement, USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies…

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Source

Cointelegraph Staff · Cointelegraph

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