The community currency application Flipcash introduced USDF, a proprietary branded stablecoin. It will be powered directly by Coinbase’s Custom Stablecoin platform, marking a major milestone in the expansion of the exchange’s institutional infrastructure toward creating customized digital dollars accessible for specific commercial ecosystems.
USDF from @flipcash is live!
Built on @Coinbase’s Custom Stablecoin platform, USDF is a USDC-backed stablecoin on Solana that powers Flipcash’s ecosystem and community currencies. pic.twitter.com/uCGhvMdpq6
— Coinbase Developer Platform
(@CoinbaseDev) May 20, 2026
Issued on the Solana network and fully backed on a one-to-one ratio by USDC, USDF will function as the ultimate settlement layer for the Flipcash ecosystem. This move radically simplifies the creation of digital cash for local communities and businesses, allowing them to price and settle transactions with guaranteed institutional liquidity, without the need for end-developers to manage complex smart contract structures or payment gateways from scratch.
For both companies, what’s next is to focus on scaling incentives tied to the circulating supply and the native integration of Coinbase Onramp to streamline fiat money flows. The crypto ecosystem is closely watching how this model solidifies a strong trend toward corporate adoption of modular blockchain infrastructures.
Source: https://x.com/CoinbaseDev/status/2057102215329075648
Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
