Digital Asset Fundamentals (Digital Asset) - TiTdoi (TiTdoi.com)


 Coinbase to move customer and corporate USDC balances to Base

Coinbase to move customer and corporate USDC balances to Base


Published: 2024-03-27


1. Coinbase announces plans to move customer USDC to L2 base: Coinbase has revealed that it will be migrating its customers' assets in USD Coin (USDC) stablecoin to layer-two scaling solutions. This move is aimed at reducing transaction costs and increasing transaction speeds for its users. By utilizing layer-two solutions,Coinbase is looking to provide a more efficient and seamless experience for its customers when trading and transferring USDC.

2. Impact on scalability and user experience: The migration to layer-two solutions is expected to significantly improve the scalability of transactions on the Coinbase platform. Users will benefit from lower fees and faster processing times,making it more cost-effective and convenient to use USDC for a variety of purposes,such as trading,payments,and transfers. This upgrade is likely to attract more users to the platform and enhance the overall user experience.

3. Competitive positioning and industry implications: Coinbase's decision to adopt layer-two solutions for USDC could give it a competitive edge in the cryptocurrency market. By offering improved speed and cost efficiency,Coinbase may attract more traders and investors looking for a reliable and high-performance platform for digital asset transactions. This move also highlights the growing importance of layer-two scaling solutions in addressing the scalability challenges faced by blockchain networks and applications.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,065.00 2,003,582,363.90
2 BTC title=BTC 63,000.02 1,712,662,678.02
3 ETH title=ETH 3,133.05 790,854,266.67
4 SOL title=SOL 137.07 544,420,942.97
5 PEPE title=PEPE <0.01 277,045,969.26
6 WIF title=WIF 2.70 180,371,627.92
7 COS title=COS 0.02 146,809,288.60
8 DOGE title=DOGE 0.14 138,566,888.56
9 XRP title=XRP 0.52 138,221,098.64
10 NEAR title=NEAR 6.87 129,829,744.25
11 ENA title=ENA 0.82 128,862,090.28
12 BONK title=BONK <0.01 117,298,468.67
13 BOME title=BOME <0.01 97,361,226.32
14 RUNE title=RUNE 5.03 89,687,644.42
15 LTC title=LTC 84.90 87,732,655.59
16 GLM title=GLM 0.54 73,818,119.39
17 WLD title=WLD 4.79 67,753,200.42
18 AVAX title=AVAX 34.08 64,109,534.43
19 FLOKI title=FLOKI <0.01 54,358,809.08
20 TRX title=TRX 0.12 51,957,502.98
21 HBAR title=HBAR 0.11 49,002,047.21
22 FIL title=FIL 5.75 45,479,707.64
23 ADA title=ADA 0.46 44,118,261.52
24 FTM title=FTM 0.68 43,214,274.57
25 LINK title=LINK 14.12 42,790,716.10
26 RNDR title=RNDR 7.91 40,786,661.98
27 SEI title=SEI 0.56 39,132,241.85

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Golem title=GLM 0.54 +40.40
2 Cartesi title=CTSI 0.23 +17.05
3 Powerledger title=POWR 0.34 +13.17
4 Loom Network (NEW) title=LOOM 0.10 +13.11
5 BinaryX title=BNX 1.00 +10.42
6 aelf title=ELF 0.64 +8.04
7 Galxe title=GAL 4.57 +5.79
8 SSV Network title=SSV 46.34 +5.75
9 Highstreet title=HIGH 3.90 +5.01
10 Blur title=BLUR 0.40 +4.97
11 Dymension title=DYM 3.64 +4.60
12 Wing Finance title=WING 6.22 +4.19
13 TROY title=TROY <0.01 +3.82
14 Ethereum Name Service title=ENS 15.11 +3.64
15 Aergo title=AERGO 0.14 +3.33
16 Orion title=ORN 1.66 +2.35
17 LTO Network title=LTO 0.19 +2.31
18 Hifi Finance title=HIFI 0.81 +2.24
19 Axelar title=AXL 1.09 +2.16
20 Atletico Madrid Fan Token title=ATM 3.16 +2.07
21 IQ title=IQ <0.01 +1.93
22 Ardor title=ARDR 0.11 +1.91
23 SPACE ID title=ID 0.76 +1.67
24 Magic title=MAGIC 0.80 +1.58
25 Immutable title=IMX 2.10 +1.54
26 Civic title=CVC 0.17 +1.44
27 Rocket Pool title=RPL 21.43 +1.28
28 GMX title=GMX 27.11 +1.23
29 TRON title=TRX 0.12 +0.99
30 Sui title=SUI 1.19 +0.80

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Theta Fuel title=TFUEL 0.11 -12.20
2 BOOK OF MEME title=BOME <0.01 -10.71
3 Automata title=ATA 0.19 -10.65
4 Contentos title=COS 0.02 -10.48
5 REI Network title=REI 0.09 -10.35
6 dogwifhat title=WIF 2.70 -10.16
7 Pepe title=PEPE <0.01 -9.46
8 Bonk title=BONK <0.01 -9.03
9 Theta Network title=THETA 2.23 -8.97
10 FLOKI title=FLOKI <0.01 -8.66
11 Pundi X title=PUNDIX 0.68 -8.63
12 Lisk title=LSK 1.63 -8.06
13 Fantom title=FTM 0.68 -7.89
14 Ontology Gas title=ONG 0.58 -7.44
15 Alchemy Pay title=ACH 0.03 -7.21
16 Bittensor title=TAO 415.30 -7.03
17 SafePal title=SFP 0.78 -6.96
18 THORChain title=RUNE 5.03 -6.92
19 Tensor title=TNSR 0.92 -6.75
20 Sei title=SEI 0.56 -6.70
21 Omni Network title=OMNI 20.00 -6.67
22 NULS title=NULS 0.64 -6.51
23 BENQI title=QI 0.02 -6.37
24 Amp title=AMP <0.01 -6.15
25 Saga title=SAGA 3.52 -5.79
26 Stacks title=STX 2.52 -5.76
27 Hedera title=HBAR 0.11 -5.75
28 Ethernity Chain title=ERN 4.47 -5.70
29 Render title=RNDR 7.91 -5.68
30 Mobox title=MBOX 0.35 -5.46

Bitcoin's Greed and Fear Index.

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67
Greed

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