• JPMorgan Chase will integrate crypto purchases and rewards redemptions via Coinbase for Chase customers starting in fall 2025.
• Eric Balchunas criticized the partnership’s 1.4% commission, urging JPMorgan to consider a low-cost Bitcoin ETF instead.
• JPMorgan is also exploring stablecoins and crypto-backed loans, signaling deeper involvement in digital assets by 2026.

JPMorgan Chase partnered with Coinbase to enable Chase customers to buy crypto, redeem rewards points for stablecoins, and link bank accounts directly to Coinbase.

Coinbase announced on Wednesday that starting this fall, Chase credit card holders will be able to fund their Coinbase accounts using their cards. By 2026, customers will also be able to redeem Chase Ultimate Rewards points at a 1:1 rate for USD Coin (USDC). This will mark the first time a major U.S. credit card rewards program can be converted directly into crypto.

Coinbase added that Chase customers will be able to link their bank accounts to Coinbase wallets in 2026. This integration aims to simplify crypto purchases by allowing direct transfers from Chase accounts to Coinbase.

Related: JPMorgan Files JPMD Trademark Applicatio…

The post JPMorgan Teams with Coinbase; Eric Balchunas Slams 1.4% Crypto Fees appeared first on Coin Edition.

• JPMorgan Chase will integrate crypto purchases and rewards redemptions via Coinbase for Chase customers starting in fall 2025.
• Eric Balchunas criticized the partnership’s 1.4% commission, urging JPMorgan to consider a low-cost Bitcoin ETF instead.
• JPMorgan is also exploring stablecoins and crypto-backed loans, signaling deeper involvement in digital assets by 2026.

JPMorgan Chase partnered with Coinbase to enable Chase customers to buy crypto, redeem rewards points for stablecoins, and link bank accounts directly to Coinbase.

Coinbase announced on Wednesday that starting this fall, Chase credit card holders will be able to fund their Coinbase accounts using their cards. By 2026, customers will also be able to redeem Chase Ultimate Rewards points at a 1:1 rate for USD Coin (USDC). This will mark the first time a major U.S. credit card rewards program can be converted directly into crypto.

Coinbase added that Chase customers will be able to link their bank accounts to Coinbase wallets in 2026. This integration aims to simplify crypto purchases by allowing direct transfers from Chase accounts to Coinbase.

Related: JPMorgan Files JPMD Trademark Applicatio…

The post JPMorgan Teams with Coinbase; Eric Balchunas Slams 1.4% Crypto Fees appeared first on Coin Edition.