Coinbase and Circle Announce the Launch of USDC
Coinbase customers can now buy, sell, send and receive the USD Coin stablecoin (USDC). USDC is a stablecoin pegged to the US dollar and built on the Ethereum blockchain. It was developed collaboratively between Coinbase and Circle, in their capacity as partners and co-founders of the new CENTRE Consortium. USDC could be revolutionary as it will allow for programmable currency which opens up all kinds of possibilities. Source.