Webuy Global Plunges 12.42% on Coinbase Integration

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 1, 2025 4:58 am ET1min read
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On July 1, 2025, Webuy GlobalWBUY-- experienced a significant drop of 12.42% in pre-market trading, marking a notable shift in investor sentiment.

Webuy Global Ltd has recently integrated CoinbaseCOIN-- Commerce into its platform, a move aimed at eliminating cross-border payment friction and opening new opportunities for customer acquisition in crypto-friendly markets. This integration is part of a broader digital transformation strategy that includes AI-driven itinerary planning and wallet innovations, particularly benefiting Webuy's travel and e-commerce sectors.

The integration with Coinbase allows Webuy Global to accept stablecoin payments, which is expected to enhance the company's competitive edge in the travel technology and digital payments landscape. This strategic move is likely to attract a broader customer base, especially those who prefer using cryptocurrencies for transactions.

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