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Kik founder's latest app Flipcash first to tap Coinbase's stablecoin-as-a-service platform

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The Block Editorial
(06:03 PM UTC)
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Approved bySarah Chen
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Flipcash has tapped Coinbase’s Custom Stablecoin platform to launch a native stablecoin on Solana, according to an announcement on Wednesday. 

The token, USDF, will be used for "cash-like payments" within the Flipcash app, the platform founded by Kik creator Ted Livingston that enables users to create and trade their own fixed-supply "community currencies."

USDF will be pegged 1:1 to the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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