JPMorgan partners with Coinbase to buy crypto with credit cards from 2025

Starting in fall 2025, JPMorgan customers will be able to use their Chase credit cards to buy cryptocurrencies on Coinbase, a move that marks the convergence of traditional banking and the crypto market.

JPMorgan (JPM.N), one of the major U.S. banks, partnered with Coinbase (COIN.O) on Wednesday. The partnership will allow JPMorgan customers to use Chase credit cards to fund wallets and buy cryptocurrencies on the Coinbase exchange, starting in the fall of 2025.

Once viewed with skepticism by traditional financial institutions, the digital asset industry has attracted enough interest from consumers and investors that major banks are now entering the space.

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From custody services to card-linked purchases, major financial institutions are increasingly offering crypto-related products and considering new use cases for tokens, a trend that shows how much this once-nascent market has matured.

The cryptocurrency market recently reached a $4 trillion valuation and is expected to grow further as regulatory clarity in major markets like the United States drives wider adoption.

Starting in 2026, Chase customers will be able to redeem credit card rewards points for USDC, a stablecoin pegged to the US dollar, and link their bank accounts directly to Coinbase to fund cryptocurrency purchases.

Coinbase shares rose 3% in morning trading after the partnership was announced.

Stablecoin is a type of token designed to protect users from price volatility and is widely used as a bridge between traditional finance and digital assets.

With the growing demand for instant, low-cost transactions, stablecoins are expected to grow rapidly as they gain widespread adoption in payments, exchanges, and emerging financial platforms.

“Cryptocurrency adoption will accelerate following the passage of the GENIUS Act. Companies in the crypto ecosystem are well-positioned to benefit from digital asset growth and price appreciation,” BCA Research predicted in a note.

Earlier this month, PNC (PNC.N) also said it was partnering with Coinbase to offer cryptocurrency trading services to the bank's customers.

Coinbase shares have risen about 50% year-to-date, giving the cryptocurrency exchange a market value of about $95 billion, as of its previous close.

The company recently secured a spot in the S&P 500 index, a major milestone for the industry.

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Source: https://baonghean.vn/jpmorgan-hop-tac-coinbase-mua-crypto-bang-the-tin-dung-tu-2025-10303581.html