Partnerships and Product Expansion - Coinbase is expanding into payment infrastructure and consumer finance [2] - Coinbase launched a credit card with AMX offering up to 4% cash back in Bitcoin [4] - Coinbase announced a partnership with Shopify to bring USDC payments to Shopify merchants [4] - Coinbase launched payment APIs and a new product for startups and medium-sized businesses [5] Crypto's Use Cases - Bitcoin is seen as digital gold and a check against runaway deficit spending [6] - Stablecoins are bringing a medium of exchange to the crypto market [7] - A new smart contract replicates credit card functionality for e-commerce, enabling authorization, capture, void, and refund processes on-chain [8][9] Market Performance - Bitcoin is up 55% since President Trump was elected [1] - Coinbase is up nearly 25% [1]
Coinbase CEO Brian Armstrong talks bringing new credit card to market
CNBC Televisionยท2025-06-12 21:09