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Coinbase One Card: The Metal Crypto Credit Card Everyone’s Talking About

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Coinbase One Card – Unlock Bitcoin Cashback and Exclusive Perks with Coinbase’s Latest Card

Coinbase One Card – Coinbase has introduced the Coinbase One Card, a new metal credit card available exclusively for US-based Coinbase One subscribers starting this fall. The card provides up to 4% cashback in Bitcoin on every dollar spent. The cashback rate begins at 2% and increases based on how much cryptocurrency a user holds on Coinbase. The card operates on the American Express network and includes additional perks like travel benefits, purchase protections, and limited-time offers. The physical card features an engraving of the Bitcoin genesis block.

Affordable Access Through Coinbase One Basic Tier

Coinbase also launched a Basic tier for Coinbase One, priced at $4.99 per month or $49.99 per year, allowing wider access to the card without extra fees. This tier offers zero trading fees on up to $500 monthly, a 4.5% APY on the first $10,000 of USDC, and up to $1,000 in account protection against unauthorized access. Since its 2023 launch, Coinbase One’s membership has grown to nearly one million users who enjoy crypto trading, staking, and rewards.

Novogratz Predicts Bitcoin May Replace Dollar Amid Debt Crisis

At the State of Crypto Summit, CEO Brian Armstrong expressed concerns over the growing US national debt and speculated that if unresolved, Bitcoin could become the world’s reserve currency. He dismissed the idea that China’s RMB would replace the dollar due to their own debt issues. Armstrong likened the escalating debt situation to a “frog slowly getting cooked,” highlighting debt-to-GDP ratios exceeding 150%-200% as warning signs.

Support for Crypto Legislation and Future Regulation

Armstrong praised current bipartisan efforts in Congress on crypto legislation, emphasizing the importance of passing bills like the Stablecoin Act, Clarity Act, and Genius Act before the summer recess. On regulation, he acknowledged the inevitability and potential benefits, stating, “There are no free rides. Regulation will be a huge boon.” He also revealed partnerships like the integration of USDC payments with Shopify, and collaborations with Visa and American Express.

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Coinbase and Circle Partnership Remains Strong

Armstrong confirmed Coinbase maintains significant equity in Circle, the issuer of USDC, calling Coinbase the largest USDC distribution partner. While open to the possibility of acquiring Circle, he noted that such a deal would require mutual agreement.

Coinbase is positioning itself at the intersection of traditional finance and crypto innovation, expanding payment options while advocating for clear regulatory frameworks.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Coinbase One Card: The Metal Crypto Credit Card Everyone’s Talking About

Coinbase One Card: The Metal Crypto Credit Card Everyone’s Talking About
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