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Coinbase + Stripe team up to expand global adoption of crypto

2 iulie 2024

Stripe and Coinbase have announced a partnership „to increase onchain adoption and provide faster, cheaper financial infrastructure”. Stripe will add support for Base across its crypto product suite to offer users faster and cheaper money transfers, and Coinbase will add Stripe’s fiat-to-crypto onramp into Coinbase Wallet to allow users to buy crypto instantly with credit cards and Apple Pay.

The partnership will launch with three key integrations designed to increase onchain adoption and provide faster, cheaper financial infrastructure:


  1. Stripe is adding USDC on Base to their crypto payouts product to enable Stripe platforms to make faster, cheaper money transfers to over 150 countries.
  2. Stripe is adding USDC on Base to their fiat-to-crypto onramp to enable customers in the US to convert fiat to crypto faster than ever.
  3. Coinbase is adding Stripe’s fiat-to-crypto onramp to Coinbase Wallet to allow people to buy crypto instantly with credit cards and Apple Pay. 

„By adding support for Base, Stripe’s vast global network of users will have access to faster and cheaper money transfers. Base has quickly become the most used L2 due to its secure, low-cost, and developer friendly transaction infrastructure, as we continue to make strides towards our one second, sub one cent goal. ” – the company said.

„Crypto is the future of money because it is unrestricted by international borders or banking hours, and reduces both friction and fees for users. These three key integrations lay a strong foundation for Stripe and Coinbase to begin building a better payments future for users around the world.”

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?