BitPay Expands Integration with Coinbase to Enable Instant, No Fee Blockchain Payments
Summary
ATLANTA--(BUSINESS WIRE)--BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that it has enhanced its service to make it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and other cryptocurrencies at BitPay enabled merchants directly from a Coinbase account. The USD Coin combines the efficiencies of a cryptocurrency with the added benefit of being tied to the stability of the U.S. dollar. As cryptocurrencies, stablecoin transactions are verified by a decentralized network and recorded on an immutable public ledger, providing transparency and eliminating traditional payment fraud associated with credit cards. For more information on the Coinbase Open API visit https://developers.coinbase.com/ Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. The BitPay Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International Incorporated.