Chase to Enable Crypto Purchases and USDC Rewards Through Coinbase Integration

In a landmark move blending traditional finance and digital assets, JPMorgan Chase will partner with Coinbase to allow Chase cardholders to buy crypto directly, redeem rewards for USDC, and connect bank accounts to Coinbase starting as early as 2026.

Credit Card Access and Stablecoin Rewards Coming Soon

From fall 2025, Chase customers can use their credit cards to purchase Bitcoin, Ethereum, and other tokens on Coinbase. In 2026, they’ll be able to exchange Ultimate Rewards points for USDC—100 points equal $1—and link Chase bank accounts to Coinbase wallets for easier funding.

We're partnering with @Chase to accelerate crypto adoption.

Coming soon:
→ Use Chase credit cards on Coinbase
→ Redeem rewards points for USDC
→ Directly link Chase accounts to Coinbase

Bridging tradfi to crypto. pic.twitter.com/ObxIaMWI3J

— Coinbase 🛡️ (@coinbase) July 30, 2025

JPMorgan’s Broader Crypto Push

This integration aligns with JPMorgan CEO Jamie Dimon’s earlier statements about exploring stablecoins and crypto-backed lending. Sources suggest the bank may begin offering loans secured by Bitcoin and Ethereum by 2026, further embedding crypto in traditional finance.

However, DeFi proponents argue that decentralized platforms still offer broader collateral options and more competitive fees than banks can replicate.

By integrating crypto access into Chase rewards and banking features, JPMorgan and Coinbase are lowering barriers to mainstream adoption. The partnership could reshape how U.S. consumers interact with digital assets.

Market Implications

This partnership signals increasing institutional acceptance of digital assets and could drive broader mainstream adoption of cryptocurrency. The collaboration between one of America’s largest banks and a leading crypto exchange may strengthen market confidence in the long-term viability of digital assets.