♦️On Wednesday, JPMorgan Chase announced a strategic partnership with the Coinbase cryptocurrency platform, allowing Chase Bank customers to fund their digital wallets using credit cards and purchase cryptocurrencies directly on the platform, starting in the fall of 2025.
📌This step is a significant development in the relationship between traditional banks and the digital asset sector, which was previously viewed with skepticism, but has now become a growing part of the financial services ecosystem, driven by rising investment demand and consumer interest.
📍JPMorgan announced that starting in 2026, Chase customers will be able to exchange their credit card reward points for the USDC stablecoin, which is pegged to the US dollar, and link their bank accounts directly to their Coinbase wallets to fund digital purchases, according to Reuters.