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Crypto moves money forward.

Stablecoins make it possible for currencies like the US dollar to exist in digital form. They do everything a copper penny can’t — they travel the globe in seconds and can be spent in over 190 countries.

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Let's be honest, Abe

In an increasingly digital world, the penny is getting left behind.

America's first one-cent piece was struck in 1793, one year after the Mint opened. It was so large it was hard to use, yet it wasn't replaced by a smaller penny until 1857.

167 years later and the penny has yet to receive another major update. Maybe that’s why $1.2 million worth of pennies go missing every year.

Enter USDC

Built for rapid payments and 24/7 global financial markets, USDC is a stablecoin that can be redeemed 1:1 for US dollars — it’s fully backed by cash and cash equivalents held at regulated financial institutions. Best of all, when you hold USDC on Coinbase, you can earn up to 5.1% rewards on your balance.

Learn more about USDC here.


Mint a penny

No, you don’t have to machine-stamp any copper coins. Head to MintAPenny.xyz to mint a limited-edition penny NFT on Base to celebrate how digital money makes $.01 useful again.

Redeem your penny hat

Once you have your penny NFT in your Coinbase Wallet, head to coinbase.com/shop to connect your wallet and redeem your penny hat for the bargain price of… 1 penny (plus shipping, and while supplies last). The penny: bad at being money, good at being merch.

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USD Coin

The digital dollar. USD Coin is a fully-backed crypto asset 1:1 to the U.S. dollar. Plus, you can earn 2% just by holding USDC.

Explore USDC