Coinbase has added support for the USDC-BRL trading pair and opened access to users located in Brazil. The company said the pair will debut first on Coinbase Exchange, before being introduced in stages across Coinbase.com, the Coinbase App and Coinbase Advanced. According to the announcement, the rollout is intended to let local users trade and use the USDC stablecoin directly with the Brazilian real under a compliant framework. The move is limited to Brazil-based users in the initial announcement, and Coinbase did not disclose a broader launch schedule beyond saying the expansion will happen gradually across its other products.
Coinbase has added support for the USDC-BRL trading pair for users located in Brazil.
The company said the pair will launch first on Coinbase Exchange, with a gradual expansion planned for Coinbase.com, the Coinbase App and Coinbase Advanced.
Coinbase said the rollout is meant to make it easier for local users to trade and use the USDC stablecoin directly with the Brazilian real under a compliant framework.
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