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Peer Launches Beta Feature for Alipay-Funded USDC Trading on Base Network
(3 hours ago) · 1 source · Summarized by CryptoBipto
Peer, a decentralized trading platform, has added a beta feature that allows users to fund USDC trades on the Base blockchain network using Alipay. This integration connects one of China's largest payment systems with a Layer 2 Ethereum network for stablecoin trading.
WHY IT MATTERS
Think of Alipay as China's equivalent of Venmo or Apple Pay — it is one of the most widely used digital payment apps in the world.
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SOURCES
- thedefiant.io
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Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.
- What is DeFi, and how does decentralized finance work?Decentralized finance explained: liquidity pools, yield farming, impermanent loss, DAOs and governance tokens, each with its own definition page.
