Summary
- Coinbase said it has launched a bespoke stablecoin service that allows companies to issue their own 1:1 collateral-backed digital dollars.
- It said the service is designed to let companies become the issuer—rather than using third-party stablecoins—and operate digital dollars optimized for their business models and ecosystems.
- It said this is expected to enable companies to use stablecoins more flexibly across areas such as payments, settlement, rewards, and internal treasury management.
According to Solid Intel on the 19th (local time), global digital-asset (cryptocurrency) exchange Coinbase has launched a bespoke stablecoin service that helps companies issue their own 1:1 collateral-backed digital dollars.
The service is designed to move companies away from relying on existing third-party stablecoins and instead enable them to become the issuer and operate digital dollars optimized for their business models and ecosystems.
This is expected to allow companies to use stablecoins more flexibly across a range of areas, including payments, settlement, rewards, and internal treasury management.
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