Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions.
They will also be able to receive rewards for stablcoin storage on the site. It is also important to connect the steering for ETH, SOL, ADA, ATOM and XTZ.
“The world is moving forward even without U.S. involvement.. As a global company, we will continue to expand internationally,” said Hasan Ahmed, Coinbase Global director for Singapore.
The new functionality was connected after a survey of 2,000 adults in Singapore. Study shows that a quarter of respondents see cryptocurrencies as the future of the financial industry.
In the U.S. the results are similar, but in the U.K. only 17% of such people. It is also reported that 32% own or previously owned cryptocurrencies.
Earlier this month, Coinbase CEO Brian Armstrong said the company is still 100% committed to the U.S. market despite regulatory pressure.