news.bitcoin.com
Coinbase and JPMorgan Chase announced a partnership Wednesday to provide Chase’s over 80 million customers with new ways to access cryptocurrency.
Chase Ultimate Rewards Points Gain Option to Convert to USDC
The collaboration introduces three specific features rolling out in phases. Starting this fall, Chase credit card holders will be able to use their cards to fund purchases on the Coinbase platform.
Beginning in 2026, Chase customers will gain the ability to redeem their Chase Ultimate Rewards points directly for USDC stablecoin on Coinbase‘s Base network. This marks the first time points from a major credit card rewards program become convertible to cryptocurrency.
Also starting in 2026, Chase account holders will be able to link their bank accounts directly to Coinbase. According to the blog announcement, this integration offers another streamlined method for buying crypto, supplementing Coinbase’s existing banking connections.
Coinbase stated the partnership aims to accelerate crypto adoption by expanding access and lowering entry barriers. The company positions itself as a bridge between traditional finance and cryptocurrency.
JPMorgan Chase customers will gain these new options to participate in the crypto ecosystem via Coinbase over the coming months and into next year. The companies described the move as an initial step. The move follows Coinbase’s recent partnership with PNC Bank.