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Coinbase and Stripe partner to expand global adoption of cryptocurrencies
Coinbase And Band are excited to announce the formation of a partnership that will bring the benefits of crypto to millions of businesses and individuals around the world. The partnership will launch with three key integrations designed to increase blockchain adoption and provide faster, cheaper financial infrastructure:
- Stripe is adding USDC on Base to its crypto payments product to enable Stripe platforms to deliver faster, cheaper money transfers to over 150 countries.
- Stripe adds USDC on Base to its fiat-to-crypto on-ramp to enable customers in the United States to convert fiat to crypto faster than ever.
- Coinbase adds Stripe’s fiat-to-crypto onramp to Coinbase Wallet to let people buy crypto instantly with credit cards and Apple Pay.
By adding support for Base, Stripe’s vast global network of users will have access to faster and cheaper money transfers. Base has quickly become the most widely used L2 due to its secure, low-cost, and developer-friendly transaction infrastructure as they continue to push toward their goal of one second to less than a cent.
Crypto is the future of money because 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 for Stripe and Coinbase to begin building a better future of payments for users everywhere.
For builders and developers, you can learn more about how you can leverage Stripe’s crypto capabilities on Base at the Base Buildathon. here.