Coinbase launches the Coinbase One Card, which offers bitcoin cashback and no trading fees, while Shopify enables payment with the USDC stablecoin. Best Wallet is positioning itself with its upcoming Best Card to capitalize on increasing crypto adoption in everyday life.
Crypto exchange Coinbase has announced that it will launch its Coinbase One Card later this fall.
Offered in partnership with American Express, the card offers up to 4% bitcoin cashback and no trading fees (with a spread for the first $500 per month), among other benefits.
According to the Coinbase One Card website, you can sign up for early access, and you'll be notified when applications start.
There are also no foreign transaction fees, and you can redeem your balance with your linked bank account or with crypto on Coinbase.
Given the current context of increasing adoption, such payment solutions are increasingly becoming the norm. This puts Best Wallets planned Best Card in an excellent position to capitalize on the growing demand for crypto cards for real-world transactions.
Shopify will accept $USDC payments
Meanwhile, e-commerce platform Shopify has partnered with Coinbase and Stripe to allow shoppers to pay with the $USDC stablecoin. This option will be available in 34 countries in the coming weeks.
This will also be beneficial for Shopify merchants as they will be able to receive stablecoin payments in their preferred local currency directly into their bank accounts.
Big tech companies also want to accept crypto
Shopify isn't the only tech company aiming for greater crypto adoption. Big names in the industry such as Google, Meta and Apple are also in talks with crypto companies about integrating stablecoins.
If these talks are successful, we expect to see more and more people using crypto. Imagine average people using digital currencies to buy their next iPhone, purchase an app from the Google Play Store or buy a Facebook ad - that's the kind of future we may be facing.
And Beste Wallet is banking on this trend with its upcoming Beste Card for crypto payments. With the Beste Wallet token in pre-sale, strengthening the entire ecosystem with lower fees, this decentralized wallet is likely to become the one-stop shop for new crypto users.
