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Flipcash’s USDF Marks Coinbase’s First Stablecoin Trial

by Catatonic Times
January 29, 2026
in Altcoin
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The cryptocurrency change Coinbase

$1.52B

is on the point of let corporations concern their very own branded, dollar-pegged tokens.

As a part of this plan, Coinbase is testing a stablecoin referred to as USDF on its inside techniques.

This check is linked to a brand new characteristic referred to as Coinbase Customized Stablecoins, launched in December 2025. The characteristic will permit companies to create dollar-backed tokens that transfer easily throughout networks supported by Coinbase.

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Every token might be backed by Circle’s USDC


USDC

$1.00

, and collaborating corporations can earn rewards primarily based on their exercise.

In a publish on X on January 27, Coinbase shared an replace:

A brand new Coinbase Customized Stablecoin, USDF, has been enabled on Coinbase Change for operational testing. This can be a backend check part solely. Buying and selling, deposits, and withdrawals are presently unavailable.

USDF is being developed by Flipcash, a crypto infrastructure agency, and is anticipated to launch publicly in early 2026. As soon as launched, it can develop into the primary stablecoin used on the Flipcash app.

Coinbase can also be collaborating with different initiatives exploring comparable options. The self-custody pockets Solflare, centered on the Solana


SOL

$123.50

ecosystem, and the R2 decentralized finance platform are each getting ready their very own variations of customized stablecoins.

Lately, Bermuda introduced plans to develop into the world’s first totally on-chain nationwide economic system with assist from Circle and Coinbase. How? Learn the complete story.



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Tags: CoinbasesFlipcashsmarksstablecointrialUSDf
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