Official announcements by Coinbase or Stripe, financial news outlets

Coinbase Partners with Stripe to Enable USDC Transfers on Base, Enhancing Onchain Growth and $COIN

Jun 27, 2024, 09:15 PM

Coinbase has announced a partnership with Stripe to enable USDC transfers on its blockchain project, Base. This collaboration aims to expand the global adoption of cryptocurrency by integrating Stripe's fiat-to-crypto onramp into Coinbase Wallet, allowing users to purchase crypto instantly with credit cards and Apple Pay. Additionally, Stripe will add support for Base across its crypto product suite, enhancing faster and cheaper financial transactions for millions of businesses worldwide. The partnership is expected to enhance onchain growth and positively impact Coinbase's stock, $COIN.