The Coinbase cryptocurrency exchange platform now supports Stablecin Dai (DAI). they say that DAI tokens can be bought, sold, sent, received, stored and converted in some of their operating areas, except in New York at this time.
DAI was pegged to the US dollar with a 1: 1 comparison, DAI based on blockchain Ethereum and released by MakerDAO which also issued coin Maker (MKR).
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Coinbase announces that Coinbase Commerce now supports USDC Coins, the additional USDC believed Coinbase will enable users to receive payments without transaction fees by receiving money in USDC and avoiding the need for bank accounts or geographical restrictions.
Besides that, Coinbase has expanded its support for trading and the Coinbase Earn education program, previously only available in 50 countries and now available in more than 100 countries.
According to Coinbase by expanding operational support in many countries it will catalyze cryptocurrency, and Stablecoin will have a major impact in several countries and at some time:
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"For new customers in countries like Argentina and Uzbekistan, where consumer prices are expected to increase 10-20% by 2020, prices like USDC can provide an opportunity to protect against inflation."
Source: cointelegaph
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