Coinbase has taken a significant step to simplify cryptocurrency adoption by integrating Apple Pay into its Coinbase Onramp service. This feature empowers users to seamlessly convert fiat currency into popular cryptocurrencies such as Bitcoin, Dogecoin, and over 100 other tokens.
With this update, crypto applications using Coinbase Onramp can now offer their users the convenience of funding wallets via Apple Pay. This integration supports instant fiat-to-crypto purchases and enables effortless transactions using USDC, a stablecoin pegged to the US dollar.
“Now in seconds instead of minutes, users can fund their wallets using one of the most widely used payment methods in the US,” explained Nemil Dalal, Head of Coinbase Developer Platform.
Key Features:
Faster Transactions: Users can onboard within seconds using Apple Pay, making crypto adoption more accessible.
Wide Accessibility: With over 60 million Apple Pay users in the US (expected to rise to 67 million by 2026), Coinbase Onramp ensures broader reach for crypto enthusiasts.
User-Friendly Onboarding: No KYC is required for adding up to $500 weekly via partner apps like Moonshot, a meme coin trading platform.
Extensive Token and Currency Support: Coinbase Onramp supports over 100 crypto tokens and 60 fiat currencies.
This move continues Coinbase’s efforts to make crypto integration effortless. The company previously enabled Coinbase Card users to link their accounts with Apple Pay in 2021, offering flexible purchasing and withdrawal options.
Coinbase’s vision to streamline crypto adoption is evident through its continuous advancements, including its acquisition of Utopia Labs for Ethereum-based on-chain payment solutions. As the platform grows, Coinbase remains at the forefront of driving crypto accessibility through innovative features like Apple Pay integration.