Coinbase sets USDC-AUD to limit-only mode

Coinbase has announced that its USDC-AUD trading pair will now enter limit-only mode on both Coinbase Exchange and Coinbase Advanced, meaning that limit orders can be placed and canceled while market orders cannot be submitted. This change aligns with Coinbase’s ongoing enhancements to its trading features by focusing on more controlled order types to adapt to evolving market dynamics. Additionally, USDC, a stablecoin, is being increasingly integrated into various exchange platforms, facilitating fiat-pegged trading pairs and supporting cross-border transactions.

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