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Coinbase Exchange will unify USD and USDC order books

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by COINS NEWS 148 Views

I got the following email from coinbase:

On July 13, Coinbase Exchange will unify USD and USDC order books. As part of this process, Coinbase Pro will remove USDC order books and centralize liquidity on USD order books. Coinbase Pro users that do not have USD wallets will still be able to deposit and withdraw USDC, but USDC trading will only be available on Coinbase.com. Please note, any open USDC orders on July 13 will be canceled and Coinbase Pro users will need to place new orders on USDC books available on Coinbase.com or the Coinbase mobile app. For the latest updates on this project, follow us on Twitter or visit the Exchange Status page.

What's going on? Will this affect usdc stability?

submitted by /u/ashiente
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