Overview
- Coinbase Business debuts in Singapore as the platform’s first international rollout.
- Companies can send and receive USDC for near‑instant settlement, lower cross‑border costs, and reduced chargeback risk.
- Standard Chartered provides banking support that enables real‑time SGD transfers for local and cross‑border flows.
- APIs connect to ERP and accounting systems, including QuickBooks and Xero, to automate invoicing, reconciliation, and financial workflows.
- Early access is open to eligible local firms under Coinbase Singapore’s 2023 MAS Major Payment Institution license, which excludes domestic transfers and merchant acquiring, and the company is participating in MAS’s BLOOM initiative.