Stripe and Coinbase ink deal

The partnership will launch with three key integrations aimed at increasing on-chain adoption and providing faster, more cost-effective financial infrastructure:

Stripe adds USDC on Base to its crypto withdrawal product to enable faster, cheaper money transfers to over 150 countries on Stripe platforms.

Stripe is adding USDC on Base to its fiat-to-crypto onramp to enable customers in the US to convert fiat currencies to crypto faster than ever before.

Coinbase adds Stripe’s fiat-to-crypto onramp to Coinbase Wallet to allow people to instantly purchase cryptocurrencies with credit cards and Apple Pay.

With Base’s additional support, 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, and developer-friendly transaction infrastructure as we continue to make progress toward our one-second, sub-penny goal.

Crypto is the future of money because it is not restricted by international borders or bank opening hours, reducing both friction and fees for users. These three key integrations provide a solid foundation for Stripe and Coinbase to start building a better payments future for users around the world.

Builders and developers can learn more about how to leverage Stripe’s crypto features on Base here in the Base Buildathon.

We look forward to continuing to work together towards our shared goal of improving the financial system for people and businesses around the world.