Coinbase Pays Aston Martin in USDC

Coinbase Pays Aston Martin Aramco Sponsorship Entirely in USDC Stablecoin

• Aston Martin Aramco Formula One Team partners with Coinbase.
• The sponsorship deal is multi-year and fully paid in USDC stablecoin.
• This marks the first instance of a Formula One sponsorship being paid entirely in cryptocurrency.
• The team was rebranded in 2021 under owner Lawrence Stroll.

The Aston Martin Aramco Formula One Team has entered into a groundbreaking multi-year partnership with Coinbase, marking the first time a Formula One sponsorship has been fully paid using USDC stablecoin. This innovative deal follows the team’s rebranding under Lawrence Stroll’s ownership in 2021.