U.Today - Starting from yesterday, May 31, 2023, sending USD Coin (USDC), the second largest stablecoin, has become more convenient and resource efficient for users of Coinbase (NASDAQ:COIN) Wallet.
USDC transactions on Polygon (MATIC) become gas-free for Coinbase Wallet customers
USDThe team stressed that this option streamlines cross-border transfers and makes USD Coin (USDC) operations easier than ever before.
The followers of Coinbase's Twitter account appreciate the new option. Some of them are wondering whether this offering can expand to Solana (SOL), Near Protocol (NEAR) or Avalance (AVAX).
Some other community enthusiasts stressed that this opportunity became possible thanks to EIP 4337, or the so-called "Account Abstraction" in EVM-compatible blockchains.
Besides other features, this EIP that stole headlines in March 2023 allows developers to subsidize gas fees for transfers from given accounts.
Polygon (MATIC) scores numerous notable partnerships in Q2, 2023
EthereumAs covered by U.Today previously, yesterday Polygon (MATIC) also announced a fresh partnership with Deutsche Telekom (ETR:DTEGn), one of the most influential telecommunications operators globally.
In an unexpected move, Deutsche Telekom has begun using its hardware infrastructure to join the ecosystem of Polygon Network (MATIC) proof-of-stake validators.
Earlier this year, Polygon (MATIC) with Mastercard (NYSE:MA) to launch a joint incubator for Web3-focused digital artists.