Coinbase expands services to 50 countries and adds USDC
Coinbase announces expansion to 50 new countries and integrates the USDC stablecoin, increasing accessibility and options for Bitcoin users globally.
On May 14, 2019, Coinbase, a leading cryptocurrency exchange and wallet provider, announced the expansion of its platform to 50 additional countries, providing services for trading, custody, and merchant payments. In parallel, Coinbase added support for the USDC stablecoin, enabling users to transact with reduced volatility compared to Bitcoin.
The expansion increased global accessibility for Bitcoin adoption, particularly in regions where banking infrastructure is limited or foreign currency access is restricted. Media coverage highlighted Coinbase’s strategy to grow its international footprint while promoting secure storage and compliance with local regulations.
The announcement was accompanied by enhanced KYC/AML protocols, multi-signature security, and integration with Coinbase Custody for institutional investors.Overall, these updates reflected the exchange’s commitment to facilitating seamless global Bitcoin access and expanding the adoption of digital assets.