Crypto
Coinbase nears launch of customized stablecoin, tests USDF
Coinbase is testing USDF, a stablecoin being developed by crypto infrastructure platform Flipcash, in the backend of its exchange, Cointelegraph reported on Jan. 28. The feature supports companies issuing their own branded, dollar-pegged tokens and is collateralised by Circle\'s USDC. Coinbase said on X that USDF is undergoing operational testing and that trading and deposits and withdrawals are currently not possible. USDF is slated for launch early this year.
