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 USDC balances earn an annualized yield of 4.1% and can be withdrawn to a linked business bank account via Wire or ACH at any time .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 .



A total of 167 workdays have passed since Trump’s inauguration — though David Sacks’ team reportedly insists he has been cautious not to exceed his limit. A spokesperson for US AI and crypto czar David Sacks has refuted the idea that he may have breached his 130-day limit as a special government employee, following scrutiny from several US lawmakers.The spokesperson for Sacks told CNBC on Wednesday that he carefully manages his SGE days to ensure that he stays under the limit and that those days don’t have to be in a row.It comes after Massachusetts Senator Elizabeth Warren and other US lawmakers questioned whether Sacks exceeded the number of days under his short-term federal appointment. Read more