It has just come to light that Coinbase is the co-founder of Centre and USD Coin alongside its occasional rivalry with Circle. As a user, you can now buy and redeem USD Coin through both Coinbase and Circle which gives users easy access to some of the most popular exchanges in the US.
In the announcement it states:
“Coinbase and Circle share a common vision of an open global financial system built on crypto rails and blockchain infrastructure, and realizing this vision requires industry leaders to collaborate to build interoperable protocols and standards. CENTRE was formed to establish these standards and to build the technology needed for fiat to work over the open internet.”