TL;DR
- Coinbase has officially launched Coinbase Business in Singapore, marking its first international expansion beyond the United States.
- The platform enables instant USDC payments, crypto management tools, and integration with Standard Chartered Bank for SGD transactions.
- The rollout strengthens Coinbase’s collaboration with the Monetary Authority of Singapore (MAS) under the BLOOM Initiative, highlighting Asia’s growing adoption of regulated digital assets.
Coinbase Business, the new enterprise platform from the U.S.-based exchange, is now live in Singapore, a key fintech hub recognized for its progressive digital asset regulation. This marks the first international rollout of the platform following its initial U.S. launch earlier this year, signaling a broader regional push for crypto-friendly business infrastructure.
The company stated that the expansion builds on its cooperation with the Monetary Authority of Singapore (MAS) under the BLOOM Initiative, which promotes compliant and borderless digital payments. The goal is to help startups and small businesses manage their financial operations more efficiently through global liquidity and transparent accounting tools.
Coinbase Business provides a full suite of services for companies integrating crypto into their daily operations. Core features include global USDC payments, an API for automated payroll and vendor management, and a 1% transaction fee on international transfers—significantly lower than traditional payment systems. The platform also allows firms to earn yield on USDC balances and reconcile transactions through QuickBooks and Xero integration.
USDC Payments Become A Core Feature Of Coinbase Business
The launch includes support for Singapore dollar (SGD) transfers through a partnership with Standard Chartered Bank, ensuring real-time payments for both retail and business clients. According to Coinbase, this partnership bridges traditional banking infrastructure with crypto services under Singapore’s compliance standards, offering users a smoother and more transparent experience overall.
The company described Coinbase Business as “a financial operating system that moves money at the speed of innovation.” The rollout comes amid rising institutional adoption of stablecoins across Asia, where USDC continues to gain traction as a reliable medium for payments and reserves.
Coinbase is also participating in MAS’s Agentic Payments workstream, contributing to the development of programmable and regulated digital asset infrastructure.
With this expansion, Coinbase reinforces its position in Asia’s fintech landscape and accelerates the integration of tokenized finance into modern businesses. The Singapore launch combines regulatory clarity, technological innovation, and a USDC-based payment model designed to redefine corporate transaction speed, cost, and efficiency on a global scale, strengthening the bridge between crypto finance and traditional institutions.
