On March 28, Coinbase, which is one of North America's largest digital currency exchanges, announced that it is now offering its customers the ability to make cross-border payments. Any Coinbase user can now transfer funds to another Coinbase user without a fee, using either Ripple or USDCoin, which is a stablecoin that trades on the platform. In most cases, the system will transfer the funds nearly instantly, and it will also convert the funds into the local fiat currency if that currency is supported on Coinbase. While payments are free, users will still be charged for buying and/or selling Ripple, and transfers to non-Coinbase accounts will be subject to a fee as well. March was a particularly newsworthy month for Coinbase. First, they announced a service that will let its customers link their accounts from the company's main platform to the company's Coinbase Wallet app. They also made updates to Coinbase Pro, which is the company's professional trading platform. These changes introduced a new market structure, which they hope will improve liquidity and price discovery as well as make price movements smoother. In October of 2018, Coinbase began supporting USDCoin, which was the first stablecoin users could trade on the platform. USDCoin was developed by a company called CENTRE, which is affiliated with a well known digital currency payments company called Circle. According to reports, USDCoin is entirely collateralized with actual U.S. dollars. In related news, Federal Bank, which is a private commercial bank in India, starting using the Ripple network for cross-border payments. The bank's partnership with the digital currency is considered just a small piece of its larger drive toward using advanced technologies to improve how the bank performs remittances. On the same day that Coinbase announced its cross-border payment service, Federal Bank initiated two separate remittance platforms. Both will enable entities in the United Arab Emirates to make payments to those in India.