Coinbase announced a collaboration with JPMorgan Chase that makes it easier for Chase clients to onboard with the cryptocurrency exchange. This means that Chase customers will be able to onboard onto Coinbase using Chase cards and bank accounts. Additionally, customers will be able to redeem Chase Ultimate Rewards for the USDC stablecoin. This could be misinterpreted as crypto being made directly available to Chase clients, but it isn’t quite yet. It simply reduces the friction for Chase customers that want to onboard onto Coinbase.
However, in May the bank announced plans to enable clients to buy crypto and include it in their statement.
Card support for Coinbase onboarding will start later this year, with the other functionality coming in late 2026.
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