Can I buy stablecoin on Coinbase?

If you’re using Coinbase Wallet extension, tap the “Convert” button. Search for USDP Stablecoin and input the amount of ETH you’d like to exchange for USDP Stablecoin . Remember to leave enough for transaction fees. Confirm your purchase and follow the instructions on the screen to finalize.

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What is a stablecoin in crypto?

A stablecoin is a type of cryptocurrency that relies on a more stable asset as a basis for its value . Most commonly, people refer to stablecoins as linked to a fiat currency, such as the U.S. dollar, but they can also have value linked to precious metals or other cryptocurrencies.

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