In a universe where the improbable is just another Tuesday, Coinbase has decided to shake hands with two titans of commerce: American Express and Shopify. Yes, you heard that right! The crypto world is now officially in cahoots with the realm of everyday spending and online shopping. Who knew that digital coins could be so friendly? 🤝
Introducing the Coinbase One Card: Your Ticket to Bitcoin Rewards!
At a conference that was probably more exciting than watching paint dry, Coinbase unveiled its shiny new credit card, the Coinbase One Card. This little gem, birthed from a partnership with American Express, promises to shower you with up to 4% back in Bitcoin on every purchase. Because who wouldn’t want to earn digital currency while buying yet another pair of socks? 🧦
Developed with the help of Cardless and issued by First Electronic Bank (because why not?), this card is exclusively for Coinbase One members in the U.S. The waitlist is now open, so hurry up and sign up before the universe decides to implode! 🌌
American Express, in a moment of sheer optimism, has declared its belief in the long-term potential of crypto and blockchain. The Coinbase One Card will ride the coattails of Amex’s secure payment infrastructure, promising a smooth and rewarding experience—unless, of course, you forget your PIN. 😅
Shopify Joins the Party: USDC Stablecoin Payments Are Here!
Next up on this cosmic journey is Shopify, the host of millions of online stores, which has decided to dip its toes into the stablecoin pool. Starting June 12, a select group of early merchants will be able to accept stablecoin payments. This feature is rolling out thanks to a deal with Coinbase and its Ethereum-based layer-2 network, Base. Sounds fancy, doesn’t it? 🏗️
Later this year, all Shopify merchants will be able to receive payments in USDC, while still getting their local currency—because who wants to deal with foreign transaction fees? Not you, that’s for sure! 💸
Shopify is also feeling generous, offering up to 1% cashback to customers paying with USDC, while merchants who accept it will earn up to 0.5% back. It’s like a cosmic cashback bonanza! 🎉
And let’s not forget, Shopify has dabbled in crypto before, allowing sellers to install third-party plugins for Bitcoin, Ethereum, or USDC. But this time, accepting USDC is automatic—opt-out if you dare! It’s like being forced to eat your vegetables, but in a digital currency kind of way. 🥦
With Bitcoin rewards from American Express and stablecoin payments on Shopify, Coinbase is not just reshaping how we pay and get paid; it’s redefining the very fabric of our financial existence—both online and in the chaotic realm of everyday life. Buckle up, folks! 🚀
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2025-06-12 23:35