Lower Fees For USDC On-Ramps From Mercuryo And Coinbase

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Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
Lower Fees For USDC On-Ramps From Mercuryo And Coinbase. Photo By Milad Fakurian On Unsplash.

Mercuryo, a global payments infrastructure platform, has partnered with Coinbase to offer reduced fees for users on-ramping USDC in MetaMask, according to a press release.

The improvement is intended exclusively for USDC on Base as a Layer 2 and is expected to lower on-ramp fees by approximately 50%, although this figure may vary over time.

Mercuryo aims to simplify the on-ramping experience for newcomers while enhancing capital flow within the decentralized finance (DeFi) and Web3 ecosystems.

They have experienced robust growth since the start of the year, and the company sees this partnership as pivotal for its expanding customer base.

CEO Petr Kozyakov expressed that:

Shan Aggarwal, CBO at Coinbase, and Lorenzo Statos, Senior Product Manager at MetaMask, also echo this sentiment at a time when exchanges and fintechs are adapting better services and promotions for their users.

Together, the launch of this fee reduction serves as positive step for the industry.

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Ron is the founder of Stablecoin News and contributes to the coverage of stablecoins developments worldwide.

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