Nium Partners With Coinbase to Add USDC Payments in Over 190 Countries
The integration lets Nium clients fund cross-border payments with USDC and settle in stablecoins or local currency using Coinbase wallet, liquidity and custody services.
USDC
Summary
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Terms & Concepts
USDC: A U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the dollar.
stablecoin: A cryptocurrency designed to track a stable asset such as a fiat currency, commonly used for payments and settlement.
custody: A service that securely holds and manages digital assets on behalf of clients.