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JPMorgan Chase and Coinbase Reveal Roadmap for Seamless Crypto Funding

With credit card funding starting this fall, direct bank transfers via JPMorgan’s API, reward point conversions scheduled for 2026, the deal lowers traditional barriers to crypto for Chase customers.

People watch as the logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
Coinbase teams up with JPMorgan to enable instant crypto purchases
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Overview

  • The partnership announced on July 30 is designed to streamline digital asset purchases for over 80 million Chase customers.
  • Starting in fall 2025, Chase credit card holders will be able to fund their Coinbase accounts directly using their cards.
  • In 2026, customers will gain the ability to link Chase bank accounts for direct transfers into Coinbase wallets through JPMorgan’s secure API.
  • Chase Ultimate Rewards points will convert one-to-one into USDC, making it the first major credit card program to offer direct loyalty-to-crypto redemption.
  • The initiative builds on JPMorgan’s earlier JPMD stablecoin pilot on Coinbase’s Base network and reflects deeper integration between traditional banking and cryptocurrency platforms.