PANews reported on October 16th that, according to CoinDesk, Coinbase launched " Coinbase Business, " offering USDC payments, API integration, and chargeback elimination for businesses. USDC balances earn an annualized yield of 4.1% and can be withdrawn to a linked business bank account via Wire or ACH at any time . Transactions can be synchronized with QuickBooks and Xero via CoinTracker. Coinbase and Circle split USDC revenue 50/50 . Coinbase is exploring expanding stablecoin functionality across its exchange and Base Chain, and has been in talks to acquire BVNK for approximately $1.5 billion . Coinbase is also advancing AI - powered payment agents and the open-source x402 protocol .