Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow News, June 9: According to CoinDesk, Coinbase has partnered with payments technology company Cardless to launch a credit card backed by stablecoins. Designed for users who hold digital assets but cannot qualify for traditional unsecured credit cards, applicants must deposit a portion of their USDC into Coinbase as collateral. The deposited USDC continues to earn yield during the collateral period, and applicants must pay an annual fee of $49.99.
According to CoinDesk, Coinbase has partnered with payment technology company Cardless to launch a stablecoin-backed credit card. Designed specifically for digital asset holders who cannot qualify for traditional unsecured credit cards, applicants must deposit a portion of their USDC into Coinbase as collateral. During the collateral period, users can continue earning yield on their deposited USDC, and an annual fee of $49.99 applies.
Navigating Web3 tides with focused insights
