Coinbase and Gennius enable Argentine bank customers to convert deposits into USDC-backed ONED USD with 24/7 transfers and Visa spending.

DeFi & Yields · 2026-10-10

Coinbase and Gennius plan to integrate ONED USD, a stablecoin backed 1:1 by USDC, into Argentine bank apps, allowing customers to convert eligible deposits into the token and transfer it continuously while spending via Visa. The service would include stablecoin payments, custody and trading functions accessible through participating banking applications. The announcement, made on October 9, 2026, does not specify which bank will participate, when the rollout will begin, which blockchain will support the service, or what fees and redemption terms will apply.

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