Aston Martin Aramco Formula One team has announced a multi-year partnership with the coinbase, marking the onset of the coinbase in Formula One.
The deal is notable To fully transaction in USDC (USDC), a Stabecrim underestimated US dollars. This is the first time a Formula One team has revealed to receive full payment for partnership in StableCoin.
The coinbase branding will be displayed on the Hallo and rear-wing and plates of the AMR25 race car, as well as a walk on the racing suit of drivers Fernando Alonso and Lance.
The aim of the partnership is to promote global crypto adoption and economic freedom to the mission of the coinbase. Additionally, Eston Martin Aramco will detect the onchain fan engagement opportunities.
Jefferson Slack, managing director of commercial at Eston Martin Aramco, highlighted the innovative nature of the deal.
“This partnership shows the trust and trust we have done in the expertise of the Coinbase as a leader in Digital Finance. By fully transaction to this deal in the USDC, we are indicating our commitment to innovation, making a permanent, further thinking relationship with the coinbase. ,
