TechFlow news, October 16 — According to CoinDesk, U.S.-listed cryptocurrency exchange Coinbase announced on October 16 the launch of its stablecoin payment platform "Coinbase Business," which enables businesses to send and receive USDC stablecoins. Key features of the platform include:
- Simplified vendor payment processes with no risk of chargebacks
- Seamless API integration to help businesses scale efficiently
- 4.1% annual yield on USDC balances
- Instant withdrawals to corporate bank accounts via wire transfer or ACH
- Transaction data synchronization with QuickBooks or Xero through CoinTracker




