JPMORGAN Chaase has partnered with the Crypto Exchange Coinbase to introduce crypto integration to its customers, a step in braiding transctual finance with digital assets.
The Coinbase announced on Wednesday that the chase credit card holders could use their cards to buy crypto on the coinbase starting this decline. In addition, the Coinbase said that JP Morgan customers will also be able to capitalize on their chase ultimat rewards points for USDC (USDC) in 2026.
The Coinbase said that this would be the first major prize program for Crypto. “For the first time, the points of a major certificate card Rawds program will be redeemed for the Crypto Awards,” said the Coinbase.
The coinbase also said that Chase card users can direct their accounts from coinbase. Executive said that this feature has been prescribed for 2026, which will give users easy ways to buy crypto.
Jpmorgan continues crypto trip
The new integration follows a broad push in digital assets by JP Morgan.
On 16 July, JP Morgan CEO Jamie Dimon revealed that the step was run by competition with other Fintech companies that were trying to repeat traditional financial systems.
“We are going to join both JP Morgan Deposit Coin and Stabecrims to understand and be good on it,” Dimon.
In addition to stablecoins, looking to offer jpmorgan. On 22 July, the Financial Times cited anonymous sources, who reported the bank’s exploration of crypto-supported loans.
The report states that the bank may start lending against Crypto by 2026.
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Fees, collateral crypto lending leads to Defhfi
Even JP Morgan seems to be eyeing Crypto loan, decentralized finance (DEFI) players still have ban on crypto loan and advantages on other traditional finance players, according to Sergay Kunj, co-founder of 1Ind.
On Wednesday, Kunj told the Coinlagraph that the DEFI’s strength is a lie in a wide range of the sanctioned debt collateral. He said that market-operated customization in DEFI allows users to enjoy low fees.
https://www.youtube.com/watch?v=bwzodbdbiuw
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