What are the stablecoins available on Coinbase?

3 answers

• Chulwon ChoeJul 29, 2020 · 5 years ago
  Sure! Coinbase currently supports several stablecoins for trading. These include Tether (USDT), USD Coin (USDC), DAI, and Paxos Standard (PAX). These stablecoins are pegged to the value of a fiat currency, such as the US dollar, and aim to provide stability in an otherwise volatile cryptocurrency market. You can easily trade these stablecoins on Coinbase and use them for various purposes, such as making payments or hedging against market fluctuations.
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• AnPing YinOct 02, 2022 · 3 years ago
  Absolutely! Coinbase offers a variety of stablecoins for trading. Some of the stablecoins available on Coinbase are Tether (USDT), USD Coin (USDC), DAI, and Paxos Standard (PAX). These stablecoins are designed to maintain a stable value and are backed by reserves of fiat currency. They are widely used for trading and as a store of value in the cryptocurrency market. You can easily buy, sell, and hold these stablecoins on Coinbase.
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• dhurv1999Oct 17, 2020 · 5 years ago
  Yes, indeed! Coinbase supports a range of stablecoins that you can trade. Some of the stablecoins available on Coinbase are Tether (USDT), USD Coin (USDC), DAI, and Paxos Standard (PAX). These stablecoins are backed by real-world assets and aim to provide stability in the crypto market. They are widely used for various purposes, such as remittances, trading, and decentralized finance (DeFi) applications. If you're looking for stablecoins, Coinbase is a great platform to explore.
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