Cardless has partnered with Coinbase to launch a new credit card backed by a stablecoin.
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BlockBeats News, June 9th, Credit card provider Cardless has partnered with Coinbase to launch a new credit card backed by stablecoin. This credit card is mainly targeted at users who are unable to apply for unsecured credit cards. These users can use their held USDC as collateral to use the new credit card, and the staked USDC can earn interest.
Source: BlockBeats
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