USDC on Base Goes Live on Onramp Money: Empowering Global Users with Local Payment Methods

Onramp.money
2 min readJul 3, 2024

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One of the most exciting recent developments is the integration of USDC on Base, now available through Onramp Money. This innovative move is set to revolutionize how users from diverse regions, including India, Turkey, UAE, Indonesia, Vietnam, Thailand, Mexico, Chile, Colombia, Peru, Argentina, South Africa, Kenya, and Europe, can get onchain, enabling seamless buying and sell USDC on Base with local payment methods and local currencies.

What is USDC?

USD Coin (USDC) is a stablecoin pegged to the US dollar, providing the stability of traditional fiat currency with the flexibility and efficiency of cryptocurrency. Each USDC token is backed by a corresponding US dollar held in reserve, ensuring that its value remains stable and reliable. This makes USDC a preferred choice for users looking for a secure and predictable digital currency option.

Meet Base
Base is a cutting-edge blockchain platform designed to support decentralised applications (dApps) and facilitate seamless transactions. Known for its scalability, speed, and low transaction costs, Base is rapidly becoming a preferred platform for developers and users alike. The integration of USDC on Base promises to enhance these benefits, providing a robust and user-friendly ecosystem for onchain transactions.

Key Benefits of USDC on Base Going Live on Onramp Money

1. Global Accessibility with Local Payment Methods

Users from India, Turkey, UAE, Indonesia, Vietnam, Thailand, Mexico, Chile, Colombia, Peru, Argentina, South Africa, Kenya, and Europe can now easily get onchain with Base using their local payment methods and local currencies. This accessibility removes a significant barrier to entry and democratizes access to digital finance.

2. Enhanced Stability and Trust

USDC’s stability, backed by US dollar reserves, offers users a reliable and predictable digital currency. This stability is crucial for users looking to mitigate the risks associated with cryptocurrency volatility.

3. Faster Transactions

Base’s high throughput capabilities mean that transactions are processed quickly, reducing wait times and enhancing the overall user experience. This speed is especially advantageous for businesses and individuals needing to move funds swiftly onchain.

4. Security and Transparency

The integration of USDC on Base within Onramp Money’s platform ensures a high level of security and transparency.

The launch of USDC on Base via Onramp Money is a significant advancement in the world of cryptocurrency. By enabling users from diverse regions to onboard with local payment methods and local currencies, Onramp Money is making digital finance more accessible, inclusive, and efficient.

Whether you’re a seasoned crypto enthusiast or a newcomer, this integration offers a reliable, cost-effective, and secure way to engage with digital assets. Embrace this new era of simplified crypto transactions and experience the future of finance today.

Stay tuned for more exciting updates and features on Onramp Money.

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