- The integration aims to enhance Webull Pay’s digital asset offerings and support its ambitions for international expansion.
- Users will gain access to staking features, enabling them to earn income from holding specific cryptocurrencies.
Webull Pay announced a new partnership with Coinbase that will bring trading, custody, and staking services to its users through a June 2025 rollout. According to the announcement, the collaboration aims to enhance Webull Pay’s digital asset offerings and position it for broader international growth.
Webull Pay will rely on Coinbase’s Crypto-as-a-Service (CaaS) platform to handle the backend of its crypto offerings. This includes institutional-grade custody, trading infrastructure, and integration with USD Coin (USDC).
By tapping into Coinbase’s systems, Webull Pay aims to offer its users access to a more secure and scalable crypto trading environment. The integration will also allow staking features—giving users the ability to earn income from holding specific digital assets.
“We’re excited to partner with Coinbase to bring new features, expanded product offerings, and a wider range of coins to trade on Webull Pay,” said Stephen Yip, Webull Pay CEO.
“This collaboration unlocks powerful capabilities that will accelerate innovation on our platform, giving customers greater access, flexibility, and opportunity in the evolving crypto landscape. Together, we’re building the future of digital asset trading.”
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Coinbase Becomes Webull Pay’s Crypto Engine
Coinbase will provide the infrastructure that enables Webull Pay to process high trading volumes while maintaining strong security protocols. The move signals an effort to build trust and attract both retail and institutional clients as global demand for regulated crypto access continues to rise.
Although neither company disclosed the financial terms, Coinbase noted that its CaaS platform already serves major financial firms. With over 20 million users globally, Webull Pay now joins that roster.
While the deal includes USDC integration and mentions staking, Webull Pay has yet to reveal which other cryptocurrencies will be supported. The company also signaled that its partnership with Coinbase could serve as a launchpad for international expansion. Discussions are underway to introduce Webull Pay-branded crypto experiences in new markets, although a timeline for those efforts remains unclear.