Peer Tests Alipay-Funded USDC Trading on Base
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Peer has introduced Alipay-funded USDC trading on Base in beta, with buyers paying individual sellers in yuan.
Peer has launched a beta feature for trading USDC on Base using payments funded through Alipay, according to The Defiant.
The arrangement involves buyers sending yuan to individual sellers, linking those payments to USDC trades on the network.
Peer says it has no official partnership with Alipay. The payment option therefore should not be interpreted as a formal collaboration between the two companies.
Source: The Defiant
