Overview
- Coinbase Business debuts outside the United States for the first time, targeting startups and SMEs in Singapore.
- The platform enables USDC payments for near-instant cross-border settlement with lower transaction costs.
- Standard Chartered supplies local rails for Singapore dollar transfers and banking connectivity for business users.
- APIs and integrations link to tools such as QuickBooks and Xero to automate reconciliation, payroll, invoicing, and vendor payments.
- Coinbase Singapore operates under an MAS Major Payment Institution license, with domestic money transfer and merchant acquiring outside the current scope and general availability not yet announced beyond early-access sign-ups.