Cryptocurrency exchange platform Coinbase announced several new product launches. Its latest releases include Coinbase Business, a crypto platform for startups and small businesses and the Coinbase One Card, a credit card with bitcoin rewards for consumers. Additionally, the company announced a new partnership with Shopify.
Coinbase Business is designed to help startups and small-to-medium businesses manage crypto payments, asset storage and trading and automated payouts. It includes integrations with tools like QuickBooks and Xero, multi-user access and simplified onboarding. Coinbase aims to streamline financial operations with this platform and reduce reliance on traditional banking systems.
The company’s Coinbase One Card will be introduced in fall 2025, offering members up to 4 percent back in Bitcoin on all purchases. The card runs on the American Express Network and includes perks such as no annual or foreign transaction fees, AmEx consumer protections and tiered rewards based on asset levels.
Coinbase’s new partnership with Shopify enables payments using the stablecoin USD Coin, or USDC, on Base through Shopify Payments, starting with early-access merchants and expanding globally later this year. This integration allows Shopify stores to accept stablecoin transactions in USDC directly from customers’ crypto wallets, automatically settling in merchants’ local currency with no foreign transaction fees.
