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Coinbase allows accepting USD coins without a transaction fee between Coinbase users. Compare this to accepting credit cards for vendors on Paypal which can cost up to 2.9% plus $0.30. USD are stable coins tied to the United States dollar which does not fluctuate in value. When they were initially available on Coinbase, they were earning more than 2 percent but now it's earning 0.15% as of April 2021. Bitcoin is near $60000. Some early investors may convert their gains to USD. From there, they can make payments to vendors without transaction costs for either user. To transfer USD coins, open the Coinbase app. Click on portfolio and then USD coin. Then hit the send button which is the arrow in the upper right corner. Enter your amount to send. Hit continue, then enter the email address or scan the QR code of the receiving Coinbase user. #crypto #coin See Post
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