Back

Base Introduces Base Pay for $USDC Payments at Over 1 Million Retail Locations

The new service offers users the ability to make payments in $USDC while earning a 4.1% APY on their stablecoin holdings.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • $USDC: USD Coin, a stablecoin pegged to the US dollar, used for digital payments and transactions.
  • APY: Annual Percentage Yield, the rate of return on an investment over a year, taking into account the effect of compounding interest.