Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes 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 enhancements also notably allow consumers to make payments directly from the Coinbase account to BitPay merchants, eliminating the peer to peer movement of funds.
“The Coinbase integration is a popular feature and has been part of the BitPay Wallet App since the early beginnings. In one month, this enhanced integration will improve the experience and gives users the option to monitor and manage all funds in the BitPay Wallet App, no matter where the funds are stored. The improved Coinbase integration also shows the funds exactly as they are in the Coinbase platform.”
Sean Rolland, Director of Product at BitPay, spoke about the integration by stating:
“Integration between Coinbase and BitPay lets users pay directly from their Coinbase account, opening up new global businesses opportunities to accept and pay with crypto.”
BitPay also noted that both of these integrations enable consumers and businesses the ability to spend USDC, a U.S. dollar-pegged currency at businesses around the globe. BitPay added:
“Stablecoins continue to see dramatic growth within the cross-border payments sector. Users can also pay with Bitcoin, Bitcoin Cash, XRP and ETH.”