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7h ago

JPMorgan Chase and Coinbase to Open Crypto Access for 80 Million Customers

The partnership will bridge traditional banking with digital assets through integrated account linking, credit card funding, loyalty point conversion.

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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
Jpmorgan teams with coinbase to let users buy crypto with bank accounts, points and cards
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Overview

  • Starting this fall, Chase credit card holders will be able to directly fund their Coinbase accounts via card purchases.
  • In 2026, customers can link Chase bank accounts for seamless bank-to-wallet crypto transfers.
  • Later in 2026, Ultimate Rewards points will convert into USDC at a 100-to-1 ratio for use on Coinbase’s Base network.
  • JPMorgan has shifted from skepticism to embrace crypto services as market maturation and regulatory clarity advance.
  • The collaboration aims to lower barriers for everyday consumers and drive broader mainstream adoption of digital assets.