Coinbase Announces Unification of USD and USDC Order Books #TOGRP7
Coinbase, one of the largest cryptocurrency exchanges in the market, announced the unification of USD and USDC order books. This would make it easier for traders and investors to deposit and withdraw funds (USD and USDC) seamlessly without focusing on one of these two currencies.
Coinbase continues with the changes on its exchange. This time, the goal is to unify by July 13 USD and USDC order books. As per the official announcement, with the merge of these two currencies, order books will offer a more seamless trading experience with deeper liquidity for both USD and USDC. Thanks to the merge, Coinbase users will be able to deposit USD or USDC. That means that the account will be credited on a 1:1 basis with USD. Then, if a user wants to withdraw funds, they can choose whether to withdraw USD or USDC.
