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Brian Armstrong, co-founder, chief executive officer, and chairman of the board at Coinbase, announced a collaboration with Samsung to bring the USDC stablecoin to Samsung Wallet.
According to Armstrong, Coinbase will provide the platform powering this new integration.
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Armstrong previously said Coinbase is supporting over 1,000 community banks in adopting stablecoin features through a partnership with Moov. He also announced that Coinbase app users now have access to IPO participation by selecting the IPOs feature from the main menu, according to a recent update. These initiatives add to Coinbase's ongoing product expansion under Armstrong's leadership.