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Jakarta, Pintu News – JPMorgan Chase, the largest bank in the United States, recently announced a strategic partnership with Coinbase, one of the largest crypto exchanges. The partnership aims to ease the access of more than 80 million Chase customers to the crypto world, marking a new era in the integration of traditional and digital finance.
Check out the full information in this article!
Starting later this year, Chase customers will be able to use their credit cards to fund their Coinbase accounts. This allows direct crypto purchases without the need for bank transfers or additional payment steps. This move will hopefully make it easier for customers to invest in the crypto market quickly and safely.
With this facility, customers will no longer experience any obstacles in purchasing Bitcoin (BTC), Ethereum (ETH) or other cryptocurrencies. This streamlined process is expected to increase transaction volumes and provide a better user experience.
Also read: ETH Strategic Reserves Hit $10 Billion, Soaring Since April 2025!
In an unprecedented innovation, customers can now exchange their Chase Ultimate Rewards points for US Dollar Coin (USDC), a stable digital currency. Every 100 points can be exchanged for $1 USDC, which can be used for investments or transactions in the crypto ecosystem.
This is the first time a major US bank has allowed the conversion of points from credit card rewards programs into crypto. This move not only adds flexibility in the use of reward points but also introduces customers to the economic potential of digital currencies.
Also read: Ethereum 10th Anniversary, SharpLink Gaming Massive Acquisition Worth $43 Million!
By 2026, customers will be able to link their Chase bank account directly to Coinbase via JPMorgan’s secure API. This enables instant transfers from banks to crypto wallets, eliminating the need for third-party payment applications or experiencing delays.
Melissa Feldsher, Head of Payments and Lending Innovation at JPMorgan Chase, emphasized that this partnership is a big step in empowering customers to take control of their financial future. The security and privacy of customer data is a top priority in this integration.
This partnership between JPMorgan Chase and Coinbase marks a pivotal point in the evolution of finance, connecting traditional financial institutions with the future of digital finance. With the various initiatives launched, customers will gain easier and safer access to crypto markets, opening up new opportunities in personal finance management and investment.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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