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Articlestellar.org3y ago

Coinme integrates USDC on Stellar, enabling borderless digital cash and P2P payments

Coinme integrated USDC on Stellar across its 40,000+ U.S. cash locations, enabling low-cost conversion between physical cash and digital dollars for financial inclusion and remittances.

Financial InclusionStablecoinsPayments
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Coinme, a leading U.S. cryptocurrency cash exchange, partnered with the Stellar Development Foundation to launch Circle's USDC on the Stellar network through Coinme's wallet and cash onramp/offramp ecosystem. The integration enables users at over 40,000 Coinme locations nationwide to convert cash to USDC on Stellar with near-zero fees and near-instant settlement. This addresses financial inclusion by providing unbanked and underbanked Americans access to digital finance and borderless peer-to-peer payments. USDC on Stellar offers transaction costs of approximately one penny and seconds-long settlement times, making it efficient for remittances and payments.

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Stellar Development FoundationInfrastructure & Services
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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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