Coinbase launches usdc-backed stablecoin with Flipcash. Coinbase expands branded stablecoin infrastructure business with Flipcash USDF launch. The launch marks Coinbase's latest push into white-label stablecoin infrastructure for businesses building branded digital payment and settlement systems. Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle's USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies. According to Wednesday's announcement, USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies priced and transacted in the stablecoin. Flipcash said the token is intended to function as the primary dollar asset within its app. In December, Coinbase launched its white-label stablecoin issuance service for companies seeking branded digital dollar products without managing their own reserve, custody or settlement infrastructure. The platform includes fiat onramps, wallet services and USDC (USDC) reserve backing. It previously identified Solflare, R2 and Flipcash among companies exploring launches using the system. Flipcash said it selected Coinbase's platform because it provided USDC-backed reserves, onchain settlement infrastructure and integrated fiat access through a single service. According to DefiLlama data, USDC is the world's second-largest stablecoin by market capitalization, with roughly $77 billion in circulation. Stablecoin infrastructure providers expand white-label issuance services. The launch comes as stablecoin issuers and crypto infrastructure providers increasingly offer white-label services that allow businesses to launch branded digital dollar products without managing their own blockchain infrastructure or reserves. In September 2025, Stripe launched Open Issuance, a platform that allows businesses to create and manage their own stablecoins through its Bridge unit. Stripe said the system allows companies to control minting, branding and reserve economics while connecting to shared liquidity infrastructure. In May, Western Union launched its Solana-based USDPT stablecoin, with issuance handled by Anchorage Digital and wallet and settlement infrastructure provided by Fireblocks. The company said the token would support blockchain-based settlement and cross-border payment services across parts of its remittance network. Earlier examples include Binance's BUSD stablecoin, launched in 2019, and PayPal USD, launched in 2023, both of which were issued by Paxos. Crypto infrastructure companies have also expanded into stablecoin issuance, payments and settlement infrastructure in recent months. Earlier this month, Bakkt completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research as part of its push to build a 24/7 digital settlement layer powered by stablecoin and AI payment technology. The stablecoin market capitalization has climbed to roughly $323 billion from about $244 billion a year ago, an increase of nearly 32%, according to DefiLlama data. Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph's Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. More on the subject

Flipcash launches USDF stablecoin with Coinbase infrastructure support. * C. Monasterio * Published: May 20, 2026 * 9:05 pm * Updated: May 20, 2026 * 9:05 pm Table of Contents The community currency application Flipcash introduced USDF, a proprietary branded stablecoin. It will be powered directly by Coinbase's Custom Stablecoin platform, marking a major milestone in the expansion of the exchange's institutional infrastructure toward creating customized digital dollars accessible for specific commercial ecosystems. USDF from @flipcash is live! | Built on @Coinbase's Custom Stablecoin platform, USDF is a USDC-backed stablecoin on Solana that powers Flipcash's ecosystem and community currencies. pic.twitter.com/uCGhvMdpq6 - Coinbase Developer Platform | (@CoinbaseDev) May 20, 2026 Issued on the Solana network and fully backed on a one-to-one ratio by USDC, USDF will function as the ultimate settlement layer for the Flipcash ecosystem. This move radically simplifies the creation of digital cash for local communities and businesses, allowing them to price and settle transactions with guaranteed institutional liquidity, without the need for end-developers to manage complex smart contract structures or payment gateways from scratch. For both companies, what's next is to focus on scaling incentives tied to the circulating supply and the native integration of Coinbase Onramp to streamline fiat money flows. The crypto ecosystem is closely watching how this model solidifies a strong trend toward corporate adoption of modular blockchain infrastructures. Disclaimer: Crypto Economy's Flash News is prepared from official and public sources verified by its editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. Crypto Economy recommend always verifying the official channels of each project before making related decisions. flash news Exodus, the renowned crypto wallet provider, announced the launch of XO Cash, a stablecoin and toolkit developed on the Solana network. This system, created in TL;DR: Anchorage Digital Bank obtained its federal charter from the Office of the Comptroller of the Currency (OCC) in January 2021. The new Agentic Banking flash news SoFi Technologies announced the issuance of its stablecoin, SoFiUSD, on the Solana network, following its successful launch in late 2025. Ben Reynolds, SoFi's director of Regulation TL;DR Lawmakers reached a compromise on stablecoin rules, removing a major obstacle for the CLARITY Act and allowing Senate discussions to advance. The proposal limits For years, the tokenization of assets seemed like a utopia, acting as a futuristic promise within the blockchain ecosystem. However, recent events in the global TL;DR: Coinbase Asset Management launches the CUSHY fund focused on yields from on-chain lending and private credit. The offering includes a tokenized share class managed Follow Crypto Economy on Social Networks Crypto Tutorials Crypto Reviews