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Coinbase and Stripe Have New Ambitions For Crypto

July 5, 2024
x min read

One of the largest crypto companies in the world is partnering up with one of the largest payment companies in the world to make digital assets more accessible.

What’s happening:

  • Coinbase (NASDAQ: COIN) has announced a new partnership with payment giant Stripe to expand the accessibility of digital assets and enable seamless cross border payments

How it works:

  • Stripe will integrate Coinbase’s layer two blockchain Base into their payment features, enabling users to leverage popular stablecoin USDC on the Base blockchain to make cross border payments with low transaction fees
  • Coinbase will integrate Stripe as a payment feature on their digital asset exchange, which will allow users new optionality for rapidly converting fiat into crypto

Why it matters:

Going deeper:

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