Coinbase CEO dey advocate for USDC integration for X to enhance payment options
CEO Coinbase Brian Armstrong don suggest say make X, wey dem don sabi na Twitter be, integrate Circle’s USD Coin (USDC) as payment option. Dis suggestion dey align with wetin Coinbase Lead Engineer talk about how dem wan use USDC for X Base network. Di initiative dey support X vision to become 'everything app', wey go include launching peer-to-peer payment system. X don already collect money transmitter licenses for 33 US states. USDC don see plenty growth, especially for Ethereum Layer 2 networks, wey don increase im supply from $24.2 billion to over $43 billion by 2024. Integrating USDC for X fit boost im global usage and help am meet di rising compliance demands, wey go further promote di mainstream adoption of stablecoins and enhance USDC position for di market.
Bullish
Di proposal wey dem dey integrate USDC for X platform as one payment option fit show say e go fit increase di adoption and wider acceptance of stablecoins, specially USDC. Historically, integrations like dis dey lead to more people join and more transact dey occur, wey dey positively affect di way wey people dey see di utility and trust for di kryptocurrency wey dey relate. Plus, X wan make e be 'everything app' wey go dey include peer-to-peer payment systems, which dey align with di growing trend for digital financial solutions, wey suggest say stablecoin transactions fit increase. Dis development fit help create beta vibes about di adoption of USDC, wey go create bullish sentiment for di market.