![Coinbase and Stripe Introduce Dual Partnership — What’s New? Coinbase and Stripe Introduce Dual Partnership — What’s New?](https://cryptoast.fr/wp-content/uploads/2024/06/coinbase-stripe-presentent-double-partenariat-quelles-nouveautes.jpg)
This week, Coinbase and Stripe presented 3 new features resulting from a partnership between the 2 companies. What are they?
Coinbase and Stipe unveil 3 new features
THURSDAY, the cryptocurrency platform Coinbase and the payment solutions specialist Stripe have revealed details of a collaboration bringing innovations on several levels.
💡 Discover our detailed tutorial on Coinbase
The first of these is USDC arrives on Stripewhich had been promised last spring. Now, merchants can program the payment methods accepted on their store, so that buyers can pay for their order with the famous stablecoin. In this announcement specifically, it is the USDC spent from Base that are concerned, and this, towards 150 countries.
Regarding Ethereum (ETH) layer 2, the network can now serve as a crypto/fiat on-ramp, again via USDC, but this time only for the United States.
Concerning Coinbase, the company revealed that it was integrating Stripe's “fiat-to-crypto” access solution into its non-custodial wallet Coinbase Wallet. This therefore offers an additional solution to investors to enter the ecosystem from a bank card or Apple Pay for example.
In their press release, the Coinbase teams expressed their optimism regarding this collaboration:
Crypto is the future of money, as it is unrestricted by international borders or bank hours, and reduces both friction and fees for users. These three key integrations provide a solid foundation that will allow Stripe and Coinbase to begin building a better future in payments for users around the world.
👉 On the same subject — Coinbase files complaint against the SEC and the FDIC — What does it accuse them of?
For his part, COIN shares trade at $222 each on NASDAQbringing Coinbase's market capitalization to $54.57 billion.
Source: Coinbase
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