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JPMorgan Partners With Coinbase to Let Chase Customers Fund Crypto Accounts

JPMorgan Partners With Coinbase to Let Chase Customers Fund Crypto AccountsThe Defiant1 min read
JPMorgan Partners With Coinbase to Let Chase Customers Fund Crypto Accounts

JPMorgan Chase & Co. has reached a strategic agreement with Coinbase Global Inc. that will allow the bank’s retail customers to fund Coinbase accounts directly with Chase credit cards and linked bank accounts, according to a joint press release issued on 30 July.

Under the arrangement, slated to go live in 2026, Chase cardholders will be able to purchase cryptocurrencies on Coinbase without relying on third-party payment processors. The partners said customers will also be able to redeem Chase reward points for the dollar-pegged stablecoin USD Coin (USDC), further integrating digital assets into JPMorgan’s existing loyalty ecosystem.

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