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.

The move deepens JPMorgan’s push into consumer digital finance and gives Coinbase, the largest U.S. crypto exchange by trading volume, direct access to one of the nation’s biggest credit-card customer bases. Both companies said the tie-up is designed to lower transaction costs and streamline onboarding at a time when mainstream financial firms are seeking new revenue from digital-asset services.

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