{"id":57708,"date":"2025-08-14T12:19:40","date_gmt":"2025-08-14T12:19:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/usdc-gains-bigger-role-on-solana-through-coinbase-and-squads\/"},"modified":"2025-08-14T12:19:40","modified_gmt":"2025-08-14T12:19:40","slug":"usdc-gains-bigger-role-on-solana-through-coinbase-and-squads","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/usdc-gains-bigger-role-on-solana-through-coinbase-and-squads\/","title":{"rendered":"USDC Gains Bigger Role On Solana Through Coinbase And Squads"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Stablecoins keep gaining ground in both decentralized and traditional finance, and now two major players are teaming up to speed up that shift. Coinbase and Squads have announced a new partnership that puts USD Coin (USDC) at the center of Squads\u2019 entire product range on the Solana blockchain. The move aims to make USDC the default choice for payments, savings, and app integrations across Squads\u2019 ecosystem.<\/p>\n<hr\/>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Squads already holds over $1 billion in USDC across its products \u2014 about 15% of the total USDC supply on Solana.<\/strong><\/em><\/li>\n<li><em><strong>USDC is backed by fully audited U.S. dollar reserves and is known for its liquidity and compliance.<\/strong><\/em><\/li>\n<li><em><strong>Coinbase and Squads believe this integration can expand stablecoin use well beyond the crypto space.<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<p>Coinbase, which trades on Nasdaq under COIN, shared the news on X, highlighting how the collaboration is expected to speed up USDC adoption on Solana. For Squads, it\u2019s a natural next step after building a strong base of USDC users.<\/p>\n<p><em>\u201cThis partnership builds on an existing foundation with over $1 billion in USDC secured across our products \u2014 nearly 15% of total USDC supply on Solana,\u201d<\/em> Squads said in a <strong>statement<\/strong>. <em>\u201cWe believe USDC is the premier stablecoin for our products because of its fully audited U.S. dollar reserves, deep liquidity, and rigorous regulatory oversight.\u201d<\/em><\/p>\n<p><strong>Shan Aggarwal, Coinbase\u2019s chief business officer<\/strong>, added: <em>\u201cSquads is driving onchain stablecoin adoption across the Solana ecosystem\u2026 Our partnership with Squads reinforces the role of USDC as the leading stablecoin in DeFi, and will play a pivotal part in showcasing its utility in the broader onchain economy.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>What Changes For Squads Users<\/h2>\n<p>With USDC now the standard stablecoin across Squads\u2019 offerings, all three of its core products will benefit:<\/p>\n<ul>\n<li><strong>Altitude<\/strong> \u2013 A USD business account designed for companies that want to manage onchain funds.<\/li>\n<li><strong>Fuse<\/strong> \u2013 A consumer finance app with a Visa-linked card for spending USDC directly.<\/li>\n<li><strong>Grid<\/strong> \u2013 An API that lets fintech apps embed USDC accounts into their own platforms.<\/li>\n<\/ul>\n<p>Each of these services already uses Solana\u2019s speed and low fees, but USDC integration strengthens them further by enabling programmable transfers, account recovery tools, and policy-based transaction controls.<\/p>\n<h2>Why It Matters For Solana And Beyond<\/h2>\n<p>Stablecoins have been a hot topic lately, with some regulators still weighing rules that could affect how they\u2019re issued and used. Even so, USDC has built a reputation for transparency, strong liquidity, and adherence to compliance standards. That track record is why many see it as the safest choice for businesses and developers looking to integrate stablecoins into payment flows or savings products.<\/p>\n<p>The Coinbase\u2013Squads agreement shows how stablecoins can move past niche DeFi use cases into more mainstream financial applications. By making USDC the go-to currency for everything from business accounts to consumer payments, the partnership strengthens Solana\u2019s role as a fast, cost-efficient network for real-world finance.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/coinbase-and-squads-push-usdc-as-default-stablecoin-on-solana\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Stablecoins keep gaining ground in both decentralized and traditional finance, and now two major players are teaming up to speed up that shift. Coinbase and Squads have announced a new partnership that puts USD Coin (USDC) at the center of Squads\u2019 entire product range on the [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":57709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57708"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=57708"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/57709"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=57708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=57708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=57708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}