News
Coinbase and Stripe Partner to Expand Global Cryptocurrency Adoption
Coinbase AND Band are excited to announce that they have formed a partnership that will bring the benefits of cryptocurrencies to millions of businesses and people around the world. The partnership will launch with three key integrations designed to increase onchain adoption and provide faster, cheaper financial infrastructure:
- Stripe is adding USDC on Base to its cryptocurrency payment product to enable Stripe platforms to make faster and cheaper money transfers in over 150 countries.
- Stripe is adding USDC on Base to its fiat-to-crypto onramp to allow customers in the US to convert fiat to crypto faster than ever before.
- Coinbase is adding Stripe’s fiat-to-crypto ramp to Coinbase Wallet to let people buy cryptocurrencies instantly with credit cards and Apple Pay.
By adding support for Base, Stripe’s vast global network of users will have access to faster, cheaper money transfers. Base has quickly become the most widely used L2 due to its secure, low-cost, developer-friendly transaction infrastructure, as they continue to make progress toward their goal of one second, sub-cent.
Cryptocurrencies are the future of money because they are not bound by international borders or banking hours and reduce both friction and fees for users. These three key integrations lay a solid foundation for Stripe and Coinbase to begin building a better payments future for users around the world.
For builders and developers, you can learn more about how to leverage Stripe’s cryptographic capabilities on Base in the Base Buildathon Here.