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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