Dibbs Users Can Now Buy, Sell Collectibles With USD Coin

Amazon-backed Blockchain-enabled marketplace Dibbs has announced that it has integrated with USD Coin (USDC) issuer Circle. The partnership will enable the company to start accepting stablecoins for transactions on collectibles.

The Platform Will Support Popular Blockchains

A statement by Dibbs noted that it will support popular blockchains like Solana, Glow, and Avalanche by using Circle’s payment solutions. Dibbs provides a unique service for collectors by allowing them to buy and sell fractions of physical collectibles in real-time. This ranges from comic books to gaming trading cards.

Dibbs says its platform allows collectors to easily access their preferred physical collectibles that have been tokenized, insured, and authenticated. Also, collectors can benefit from a very flexible marketplace, including liquidity, buying, and selling of the NFT collections, as well as transparent fees and stable pricing.

Dibbs Opens Its Doors To Crypto Payments For The First Time

Founder and Chief Executive Officer of Dibbs, Evan Vandenberg, commented on the development.  “Since day one, we’ve aimed to make the most sought-after and valuable collectibles in the world more accessible for everyone,” he noted.

Dibbs will be partnering with USDC to make that happen. It will open its doors to crypto payment for the first time. This will provide more convenience and flexibility for the collectors.

Dibbs will use Circle’s platform to offer a technology that seamlessly connects to the traditional financial system with several leading blockchains in the world. It is a great way to create a platform that provides more options than ever. Vandenberg added that the new platform will provide access to collectors when funding, growing, and monetizing their collections.

Circle’s financial and payment infrastructure is available to businesses of all sizes. USDC is one of the fastest-growing digital assets in the world. The token has supported over $1.9 trillion in on-chain transactions. This comes after Circle completed a funding round for its expansion in April. The firm drew the interest of several top=level investors who participated by raising $400 million in the funding.

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