Coinbase Global Inc. has launched a connection with Google from Apple and Alphabet Inc. which will allow users to add cards from their accounts to payment apps run by the two tech giants.
He Coinbase card added to wallets can be used to buy everyday products with digital currencies, the largest in the US cryptocurrency exchange said in a blog post.
The company said it will automatically convert all cryptocurrencies to US dollars and transfer funds to a customer’s Coinbase card for use in ATM purchases and withdrawals. He also said that users can get cryptographic rewards in their purchases when using a Coinbase card. Apple Pay or Google Pay.
Coinbase’s move comes after PayPal Holdings Inc. would say it would allow U.S. consumers to use shares in cryptocurrencies to pay millions of its online merchants around the world, which would significantly increase the use of digital assets in everyday trading.