Wednesday Nov 12 2025 08:40
2 min
Coinbase Business, the new business platform by major US crypto exchange Coinbase, has officially launched in Singapore, marking the company's first international expansion. This follows the introduction of Coinbase Business in June, with Singapore chosen as its inaugural international market outside of the United States.
Targeting startups and small businesses, Coinbase Business provides an "all-in-one crypto operating platform" enabling users to send and receive payments in the Coinbase-backed stablecoin USDC, manage crypto assets, and automate financial workflows.
"By leveraging the speed and stability of digital dollars like USDC, we offer businesses a platform that enables seamless and secure trading, with instant settlement, minimal fees, and zero chargebacks," the company stated.
Coinbase is rolling out the service in collaboration with Standard Chartered, its local banking partner, to facilitate Singapore dollar transfers for both retail and business clients. With Standard Chartered's support, Coinbase Business offers Singapore businesses a suite of tools, including crypto trading, global payouts, payment links with a 1% transaction fee, and asset management with rewards on USDC holdings.
Coinbase Business’s launch in Singapore builds upon Coinbase’s long-standing collaboration with the Monetary Authority of Singapore (MAS), the country’s financial regulator. In October 2023, MAS granted Coinbase a Major Payment Institution (MPI) license, allowing the exchange to expand its digital payment token services to both individual and institutional clients in Singapore.
Last month, Coinbase announced its participation in the MAS BLOOM (Borderless, Liquid, Open, Online, Multi-currency) program, which aims to expand financial settlement capabilities by enabling the use of tokenized bank liabilities and regulated stablecoins. "This collaboration with the MAS demonstrates how we are actively working to build the regulated, compliant infrastructure that underpins the next era of finance," Coinbase noted.
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2 min
Wednesday, 12 November 2025
2 min
Wednesday, 12 November 2025
2 min
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