Coinbase Announces New Coinbase Business Platform

Coinbase Unveils New Business Platform

Coinbase announced plans to launch Coinbase Business, a crypto operating account designed to help small businesses send, receive, and manage crypto payments with no fees. The platform offers instant settlements, high-yield USDC savings of up to 4.1% APY, and integrations with QuickBooks and Xero to streamline crypto-powered financial workflows. With this move, Coinbase enters the commercial crypto space, competing with Circle and Fireblocks. Cry…

Coinbase Announces New Coinbase Business Platform

The crypto exchange stated that the platform provides a streamlined approach to managing crypto payments, assets, and financial workflows. Launching later this year, Coinbase Business said it aims to address longstanding inefficiencies in traditional finance by leveraging the speed and scalability of crypto.  Businesses will be able to send and receive payments instantly, automate payouts, and manage digital assets from a single secure account. …