米CoinbaseとCircleが、ドル建ての仮想通貨の採用を促進する合弁会社CENTERを設立 translates to: U.S. Coinbase and Circle establish the joint venture CENTER to promote the adoption of dollar-denominated cryptocurrencies
Issue USDC as a Member of the CENTER Consortium
The company states the following on its blog;
“From today, you can buy, sell, send, and receive the stablecoin USD Coin (USDC) on Coinbase.com and Coinbase’s iOS and Android apps. US customers in the United States outside New York State can trade, and customers worldwide can send and receive. In the future, more regions are expected to become available.”
Note that Coinbase Pro is planned to be supported in the coming weeks. In connection with this move, Coinbase announced its collaboration with Circle as a co-founding member of the CENTER Consortium. CENTER is a regulated network and consortium, and institutions that meet the requirements can participate and issue USDC. Issuers can earn incentives in the form of fees. Circle’s goal is to build a decentralized issuance model that does not rely on a single institution like Paxos or Gemini.
Coinbase has previously enabled US-dollar trading. The company states that introducing a crypto asset pegged to the value of the U.S. dollar offers the following programmatic benefits.
“A blockchain-based digital dollar like USDC can be used in dApps and is easier to store locally and faster to transfer than a traditional dollar held in a bank account, which is why we see it as an important step toward a more open financial system.”
Unlike ordinary dollars, stablecoins can be sent quickly and securely over a blockchain network, allowing users to access smart contracts and crypto businesses without exposing them to the volatility of Bitcoin or Ethereum.
