Webull Pay partners with Coinbase to enhance crypto infrastructure and offer secure custody and USDC rewards to users by 2025.
Coinbase's Crypto-as-a-Service infrastructure aims to provide dealing, custody, and staking services to other companies, benefiting the 20 million users of Webull Pay.
The collaboration between Webull Pay and Coinbase expands Webull Pay's services from stock trading to include crypto trading, staking, and storage, meeting the increasing demand for accessible crypto services.
Webull Pay aims to compete with platforms like Robinhood by leveraging Coinbase's technology to provide a wider range of cryptocurrency options, targeting new markets globally by June 2025.