USDC Integration Proposal for X by Coinbase CEO
- USDC’s total supply grew over 80%, reaching $43 billion in 2024.
- X Payments, a subsidiary of X, is licensed in 33 U.S. states.
- Base network reports 5.77 million weekly active addresses, leading Layer 2 activity.
This strategic move by Coinbase and X leverages Base’s dominance in Layer 2 networks, potentially setting a precedent for stablecoin payment integration on social media platforms.
