[Coinbase Launches Custom Stablecoin Service, Accessible via Coinbase Global Distribution Network] BlockBeats News, December 18: Coinbase announced at a press conference on Wednesday the launch of a custom stablecoin service, allowing enterprises to create branded stablecoins for their users, managed by Coinbase and backed 1:1 by collateralized assets. Advantages include: · Earning revenue based on usage and transaction activity; · Seamless cross-chain interoperability; · Access to Coinbase's global distribution network.