Global payments infrastructure platform Mercuryo and the largest US-based cryptocurrency exchange, Coinbase, have announced a strategic partnership to provide lower fees for users on-ramping USDC in MetaMask. The partnership comes amid growing demand in the crypto space for stablecoins, partly driven by their capacity to settle instantly and move across borders efficiently and at low cost. 

The offer, which is exclusively for USDC on Base, will reduce on-ramp fees for USDC on the Layer 2 transport layer by about 50 per cent (reduction is indicative and may vary over time or be withdrawn). The initiative is expected to have a ready uptake among MetaMask's growing userbase and drive adoption of USDC, the second largest stablecoin by market capitalisation. The fee reduction is available to existing and new MetaMask users.

"Stablecoins are front and centre in the crypto narrative of 2025 with USDC playing a pivotal role," said Petr Kozyakov, Co-Founder and CEO at Mercuryo. "Stablecoins are serving many purposes in the emerging digital token economy and we are confident that MetaMask users will take full advantage of this discount offer for on-ramping USDC."

"We are striving to accelerate the global adoption of stablecoins, and are delighted to partner with Mercuryo for this discount on USDC on-ramping," said Shan Aggarwal, Chief Business Officer at Coinbase. "There's a growing demand for USDC today, and we're excited to make this discount available to MetaMask's userbase."

"We anticipate rapid adoption of USDC among our ever-expanding user base," said Lorenzo Santos, Senior Product Manager at MetaMask. "As the use cases for stablecoins on the MetaMask wallet continue to grow, so will the demand for USDC."

The launch of the lower fees for USDC on Base for MetaMask users comes amid growing demand for stablecoins in the digital token space. Demand for stablecoins on the Mercuryo platform rose at the beginning of 2025 and remains robust as use cases for stablecoins continue to flourish.