Coinbase has introduced its inaugural branded credit card that rewards users with Bitcoin, aiming to attract more customers to its subscription service, Coinbase One. The Coinbase One Card will provide cardholders with up to 4% Bitcoin back on their purchases, set to launch in collaboration with American Express this fall exclusively for U.S.-based Coinbase One clients. The subscription service offers zero trading fees, enhanced staking rewards, and other advantages. Max Branzburg, Coinbase's VP of product, mentioned the potential for rewards in alternative cryptocurrencies like Ethereum or Solana in the future. The credit card's introduction aligns with Coinbase's strategy to diversify revenue streams, with subscription services contributing significantly to its earnings. Coinbase reported a substantial increase in subscription and services revenue in Q1 2025, reflecting the platform's evolving business model and growing user base. Read more AI-generated news on: https://app.chaingpt.org/news

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