That’s interesting news! It seems like Coinbase wants to amplify its user experience and tailor it more effectively to Canadian customers.
For a bit of context, a stablecoin is a type of cryptocurrency that is pegged to an asset with stable value, often a fiat currency like the Canadian dollar. This way, Coinbase users in Canada can potentially enjoy the benefits of digital currency without worrying too much about volatile price movements.
By providing a stablecoin pegged to the Canadian dollar, Coinbase could attract users who want
