- Their stable coin is now available in 85 countries.
- Coinbase is intending to provide its services around the globe.
Cryptocurrency exchange Coinbase has recently announced its trade expansion in over 100 countries after providing support to over 50 countries. The firm has also made its stable coin, USDC, available in 85 countries. The 50 new countries with access to Coinbase are as follows:
“Angola, Armenia, Aruba, Bahamas, Bahrain, Barbados, Benin, Bermuda, Botswana, Brazil, British Virgin Islands, Brunei, Cameroon, Cayman Islands, Costa Rica, Curaçao, Dominican Republic, Ecuador, El Salvador, Ghana, Guatemala, Honduras, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Macau, Maldives, Mauritius, Mongolia, Montenegro, Namibia, Nepal, Nicaragua, Oman, Panama, Paraguay, Rwanda, Serbia, South Africa, Taiwan, Trinidad and Tobago, Tunisia, Turkey, Uganda, Uruguay, Uzbekistan, Zambia.”
With the announcement, Coinbase is intending to provide its services around the globe. Lately, the road has been pretty bumpy for Coinbase.
Firstly, after just a year of its inauguration, the company had to shut down its Chicago office and fire 30 staff members in April. Secondly, and more importantly, they were heavily criticized for their controversial Neutrino acquisition. Users took to Twitter to vent their anger and the hashtag "#deletecoinbase" quickly followed after.
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