JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly

Chase credit cards to fund Coinbase purchases in fall 2025, with points-to‑crypto and account linking in 2026

JPMorgan Chase will allow customers to use Chase credit cards to fund cryptocurrency purchases on Coinbase starting in the autumn of 2025.

From 2026, users will be able to redeem Ultimate Rewards points for USDC stablecoin at a one‑to‑one rate and link their Chase bank accounts directly to Coinbase to fund transactions.

The partnership represents a major U.S. bank moving deeper into digital assets, amid a sector valued at around four trillion dollars and growing as regulatory clarity increases.

Stablecoins like USDC offer a bridge between traditional finance and crypto ecosystems.

Coinbase shares rose following the announcement, reflecting market optimism.

Earlier this month, another U.S. bank began offering crypto trading through Coinbase.

JPMorgan is concurrently exploring crypto-backed lending products and its own deposit token initiatives, while the broader financial sector increasingly integrates blockchain-based services.