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JPMorgan Chase to Allow Credit Cards to Fund Coinbase Accounts
PYMNTS.comยท 2025-07-30 15:40
Core Insights - JPMorgan Chase and Coinbase have partnered to facilitate cryptocurrency purchases for their mutual customers, enhancing access to digital assets [1][2] - A new feature will be launched in the fall, allowing customers to use Chase credit cards to fund Coinbase accounts, with additional features planned for 2026 [2][4] Group 1: Partnership Details - The partnership aims to empower customers by enhancing the security and privacy of their data while providing new ways to utilize their money and rewards [3] - Coinbase's head of consumer and business products stated that the collaboration will help onboard the next generation of consumers into the cryptocurrency space [3] Group 2: Customer Benefits - The new offerings will provide Chase's over 80 million customers with faster and easier access to cryptocurrency [4] - Coinbase emphasizes its role as a trusted bridge between traditional finance and crypto, aiming to make economic freedom a reality for millions of Americans [4] Group 3: JPMorgan's Evolving Stance on Crypto - JPMorgan Chase, previously skeptical of cryptocurrency, has begun allowing clients access to bitcoin exchange-traded funds (ETFs) and is considering lending against customers' crypto assets [5]