Coinbase Partners Webull Pay to Boost Crypto Services in 2025

Coinbase, a prominent cryptocurrency exchange, has announced a strategic partnership with Webull Pay to enhance its crypto infrastructure. This collaboration, set to launch in June 2025, aims to bolster Webull's crypto trading, custody, and staking services, potentially benefiting its 20 million users. By leveraging Coinbase's robust infrastructure, Webull Pay will be able to offer a more seamless and secure crypto experience, which could attract new users and strengthen its position in the competitive crypto market.

The partnership is part of a broader trend in the crypto industry, where exchanges are increasingly looking to integrate their services with other financial platforms to expand their reach and user base. This move by Coinbase and Webull Pay is a clear indication of the growing demand for crypto services and the need for reliable infrastructure to support them. The collaboration will allow Webull Pay to tap into Coinbase's expertise in crypto trading, custody, and staking, providing users with a more comprehensive and secure crypto experience.

Webull Pay’s users will gain access to secure custody and USDC rewards through this partnership. The collaboration strengthens Webull Pay’s fintech platform globally, enabling users to utilize Coinbase’s secure infrastructure for digital currency exchange, staking, and storage. This move is driven by the rising demand for services that make crypto accessible to a broader audience. Steven Yip, CEO of Webull Pay, highlighted that this partnership with Coinbase will provide users with more options, additional coins to invest in, and new ways to trade.

Coinbase’s Crypto-as-a-Service (CaaS) platform supplies Webull Pay with advanced technology to efficiently handle crypto tasks. Users will have access to trading, storing, and staking Ethereum on the platform. Additionally, staking incentives are made accessible to users of USDC, a stablecoin available on Coinbase. Coinbase offers Webull Pay’s users tight spreads and sufficient liquidity to help them complete their trades efficiently. By partnering with Coinbase’s security platform, Webull Pay aims to ensure safe and convenient service for users.

Following the implementation of these upgrades, users of Webull Pay now have access to a wider variety of cryptocurrency alternatives. Its presence in 14 countries, including North America and Asia, allows it to help more people adopt crypto. The compliance measures of Coinbase will assist Webull Pay in expanding into more regions. This action is a clear indication that conventional financial institutions are beginning to embrace blockchain technology. Webull Pay can save time and resources by using Coinbase’s infrastructure to provide competitive crypto services.

“Coinbase’s technology is trusted by major financial institutions worldwide, and we’re excited to bring that reliability to Webull Pay’s users,” said a Coinbase spokesperson. The partnership is expected to set a standard for fintech platforms aiming to blend crypto and traditional finance. Webull Pay has introduced a crypto-friendly platform to match the growing interest in digital assets. Users will be able to stake their tokens and receive rewards using USDC through this partnership. They are planning to unveil it globally in June 2025, targeting new markets across the world.

With this collaboration, Webull Pay aims to compete with other platforms that have managed significant assets. With Coinbase’s support, Webull Pay hopes to address this gap and draw in crypto-focused users. The partnership between Coinbase and Webull Pay is also a testament to the growing importance of crypto-as-a-service (CaaS) solutions. By offering firms a way to leverage their markets and infrastructure, Coinbase and Webull Pay are making it easier for other financial platforms to integrate crypto services, potentially driving user growth and adoption. This trend is likely to continue as more firms look to capitalize on the growing demand for crypto services and the need for reliable infrastructure to support them.