Coinbase, the largest cryptocurrency exchange in the USA, has announced a new partnership with Stripe to make USDC transfers easier.
Stripe will be integrated into Coinbase’s Base network and will use this network in its cryptocurrency payment products.
Coinbase and Stripe Partner to Enhance Crypto Services
As part of their new partnership, Coinbase will integrate Stripe’s fiat-to-crypto feature, allowing customers to purchase cryptocurrencies with credit cards or Apple Pay within their Coinbase Wallet.
“We are excited to announce that Stripe and Coinbase have formed a partnership that will bring the benefits of crypto to millions of businesses and people around the world,” said a representative from Coinbase.
Key Integrations to Boost On-Chain Adoption
The partnership will include three major integrations aimed at increasing on-chain adoption and providing faster, cheaper financial infrastructure:
Stripe will add USDC to its cryptocurrency payment products via the Base network, enabling Stripe platforms to transfer money faster and cheaper to over 150 countries.
Stripe will add USDC to its fiat-to-crypto on-ramp, allowing US customers to convert fiat to crypto faster than ever before.
Coinbase will integrate Stripe’s fiat-to-crypto feature into Coinbase Wallet, enabling users to instantly purchase cryptocurrencies with credit cards and Apple Pay.
Stripe has been a pioneer in the payment industry, being one of the first major providers to support Bitcoin (BTC) early on.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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