JPMorgan Deepens Crypto Push with Coinbase Integration
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JPMorgan Chase is expanding its digital asset offerings through a new partnership with Coinbase, enabling two key features:
- Crypto purchases via Chase credit cards (launching this fall)
- USDC redemptions for Chase Ultimate Rewards Points (coming in 2026)
Coinbase highlighted that this marks the first time a major credit card rewards program will allow crypto conversions. The exchange also plans to introduce direct Chase account linking in 2026, enhancing accessibility.
The collaboration aligns with JPMorgan’s broader crypto strategy. During a July 16 earnings call, CEO Jamie Dimon confirmed the bank’s stablecoin ambitions, responding to fintech firms building alternative financial systems.
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