In a similar aspect to how PayPal and Venmo made it easy for people to send US dollars to one another, Unstoppable Domains said their “.coin” usernames provide the same simplicity and accessibility
During Q1 2021, $869 billion in stablecoin transactions occurred globally, making it the category with the highest transaction volume and demand during that time frame, data from Chainalysis showed
The launches come as USDC continues to draw investor interest. USDC is the most trusted stablecoin by investors, according to University of Zurich.
Users can deposit and withdraw US dollars from their bank accounts and receive USD coins (USDC) at a 1:1 ratio in the Crypto.com app and exchange, the company said in a statement.