Coinbase announces the ability to open U.S. bank accounts via the Coinbase Wallet app. This feature allows users to manage finances and cryptocurrencies in one place.
New Coinbase Wallet Feature
Coinbase Wallet users can now open U.S. bank accounts directly within the app. This partnership eliminates the need to use separate apps and websites to handle bank accounts and digital wallets together.
Convenient Payments in USDC
After account setup, all payments are made in USDC and processed on the Base blockchain, Coinbase’s second layer network. This simplifies managing money and crypto in one place. "Another big launch with the Coinbase Wallet team. Consumers across the globe can now use Stablecoin to create a virtual US bank account number, and all payments land in Coinbase Wallet as USDC," wrote Zach.
Expanding Coinbase Trading Options
PEPE and WIF tokens are now available for trading on Coinbase. This allows users to buy, sell, and hold these tokens, expanding the range of available digital assets. "PEPE and WIF are now available on Coinbase."
With the new bank account feature, Coinbase Wallet users can more easily manage their finances and cryptocurrencies, and the addition of new tokens expands trading options on the platform.
