Following the passing of the “GENIUS Act” in the US, which supports digital assets and was approved last month, JPMorgan and Coinbase have reached an agreement. From the fall of 2025, the US bank will allow its customers to deposit funds into their Coinbase wallets and purchase cryptocurrencies using their credit cards. As part of the agreement, credit card reward points will be converted into stablecoins.
The US Federal Reserve’s decision to keep interest rates steady and Federal Reserve Chair Jerome Powell’s “lack of a clear signal for a rate cut” at the September meeting created movement in the crypto markets. Bitcoin fell to $115,780, after which prices began to rise.
Following the approval of the “GENIUS Act” in the US, JPMorgan and Coinbase have reached an agreement. From 2026, customers will also be able to exchange their credit card reward points for stablecoins and directly link their bank accounts to Coinbase.
This agreement marks a significant step towards bridging traditional finance and the crypto world. Do you think this collaboration will accelerate the mainstream adoption of cryptocurrencies?
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