Coinbase Embeds Stablecoin in Traditional Equities
Coinbase has launched 24/5 zero-commission US stock trading for UK users with a £1 fractional minimum. This move is significant because it uses USDC as a primary funding and settlement rail for nearly 4,000 US equities under CB Payments Ltd FCA authorization.
The integration packages crypto and traditional finance on a regulated exchange, providing TradingView access and up to 3.5% rewards on trade-ready USDC. The firm's roadmap includes tokenized equities with shareholder rights and dividends, signaling stronger stablecoin settlement adoption.
Coinbase Regional Managing Director for UK and Europe Keith Grose stated that the framework provides regulatory clarity to enhance the firm’s 'Everything Exchange,' bringing crypto, stocks, stablecoins, savings, and borrowing together under one roof.