Coinbase Launches ‘Coinbase Business’ in Singapore, Revolutionizing Local Businesses

Coinbase, a leading force in the US cryptocurrency market, has made its mark on Singapore’s burgeoning crypto landscape with the launch of ‘Coinbase Business’. This marks the company’s first international platform designed to empower local startups and small-to-medium enterprises (SMEs) through innovative cryptocurrency trade and payment solutions. The new venture utilizes Standard Chartered as a banking partner for seamless transactions, enabling instant transfers in Singaporean dollars (SGD) using stablecoins like USDC and XSGD, significantly faster than traditional methods.