Crypto exchange Coinbase has announced a new feature that allows users to send and receive USD Coin (USDC) through social media platforms and messaging apps. By sharing a link, recipients can access the funds and have them automatically deposited into their Coinbase Wallet. This eliminates the need for traditional money transfer methods and provides a convenient and instant way to send or claim funds globally. Coinbase Wallet is focused on expanding access to digital assets, particularly in countries with high inflation and limited banking infrastructure. The company is also working on enhancing merchant transactions and Bitcoin payments on its platform. In the future, Coinbase plans to add support for the Lightning Network, which will enable cheaper and faster BTC transactions.

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Information	Details
Geography	Global
Countries
Sentiment	very positive
Relevance Score	1
People	Brian Armstrong, Chintan Turakhia
Companies	Pix, Facebook, iMessage, Coinbase, Telegram, Snapchat, TikTok, GCash, WhatsApp, Instant P2P
Currencies	Ethereum, US Dollar, Bitcoin, USDC, Polygon
Securities	None