Coinme and the Stellar Development Foundation launched USDC on Stellar through Coinme's wallet and 40,000+ U.S. cash locations, enabling low-cost conversion between physical cash and digital dollars for financial inclusion.
Coinme, a leading U.S. cryptocurrency cash exchange, partnered with the Stellar Development Foundation to integrate Circle's USDC on the Stellar network across Coinme's wallet and nationwide cash onramp/offramp ecosystem. The integration enables users to convert physical cash to USDC on Stellar for near-penny transaction fees and send funds peer-to-peer with near-zero costs. Available at over 40,000 Coinme-enabled locations nationwide, the service targets unbanked and underbanked Americans by providing affordable access to digital finance. USDC on Stellar settles transactions in seconds with minimal fees, leveraging Stellar's efficient payment infrastructure. The service launched on web and is coming to iOS and Android mobile apps.