Is USDC connected to Coinbase?

Are there any direct ties between the USDC stablecoin and the popular cryptocurrency exchange platform, Coinbase? Given the growing importance of stablecoins in the digital asset landscape, and Coinbase's significant influence in the crypto world, I'm curious to know if there's a relationship between the two. Do they collaborate in any way, such as facilitating the issuance, redemption, or trading of USDC on their platform? Clarifying this potential connection could offer valuable insights into the ecosystem and its dynamics.