The company’s entry into what it describes as a “Go Deep” market will be supported by the integration of Interac e-Transfers into its platform, which has been made possible through its partnership with Peoples Trust Company, part of the Canadian financial services company Peoples Group.
The platform’s adoption of Interac e-Transfers, a popular funds transfer service in Canada, will enable its users to deposit and move money within their accounts in a secure and “almost instant” manner.
Coinbase’s announcement claims that over 50% of deposits have been made through the service within the last month.
