Webull Pay partnered with Coinbase in a deal that enables Webull Pays crypto services to run on Coinbases institutional-grade infrastructure. The agreement aims to offer staking, stablecoin rewards, and more trading options starting next month.
Institutional Infrastructure Meets Retail Ambition
According to the announcement, Coinbase will provide its Crypto-as-a-Service (CaaS) platform to support Webull Pays crypto operations. The agreement also covers trading execution, custody, staking Staking Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Read this Term capabilities, and access to USDC, Coinbases dollar-backed stablecoin.
Were excited to partner with Coinbase to bring new features, expanded product offerings, and a wider range of coins to trade on Webull Pay, commented 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, he added. Together, were building the future of digital asset trading.
$BULL $COINCoinbase Partners with Webull Pay to Power Crypto Experience
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Oracle (@OracleNYSE) May 16, 2025
For Webull Pay, the move delivers a critical backend upgrade using infrastructure already used by major financial institutions. The companies now aim to offer a secure, seamless user experience, which is expected to allow Webull Pay to scale with the evolving crypto market.
The platform expects the new offering to enable users to gain access to deep liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.� In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. � Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.� In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. � Nothing is more liquid than cash, while other assets represent Read this Term , tight spreads, and the potential for yield through staking and USDC rewards.
Global Expansion on the Horizon
Beyond the domestic rollout, Coinbase and Webull Pay are also exploring joint efforts to extend their services globally. That would bring Webull Pay-branded crypto offerings to new markets, riding on Coinbases existing global infrastructure and compliance frameworks.
The deal reportedly includes access to Coinbases USDC rewards program. Users who hold USDC through Webull Pay will automatically be enrolled in the loyalty scheme unless they opt out.
However, disclaimers clarify that these reward-bearing accounts are not FDIC- or SIPC-insured and are not savings accounts. Rates can vary and are subject to change.
Meanwhile, Coinbase plans to join the S&P 500 index this month. The index tracks the largest 500 publicly listed companies in the US across various sectors. The crypto exchange will reportedly be listed under the financials sector, replacing Discover Financial Services, which is being acquired by Capital One.
Webull Pay partnered with Coinbase in a deal that enables Webull Pays crypto services to run on Coinbases institutional-grade infrastructure. The agreement aims to offer staking, stablecoin rewards, and more trading options starting next month.
Institutional Infrastructure Meets Retail Ambition
According to the announcement, Coinbase will provide its Crypto-as-a-Service (CaaS) platform to support Webull Pays crypto operations. The agreement also covers trading execution, custody, staking Staking Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Read this Term capabilities, and access to USDC, Coinbases dollar-backed stablecoin.
Were excited to partner with Coinbase to bring new features, expanded product offerings, and a wider range of coins to trade on Webull Pay, commented 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, he added. Together, were building the future of digital asset trading.
$BULL $COINCoinbase Partners with Webull Pay to Power Crypto Experience
Blog
Oracle (@OracleNYSE) May 16, 2025
For Webull Pay, the move delivers a critical backend upgrade using infrastructure already used by major financial institutions. The companies now aim to offer a secure, seamless user experience, which is expected to allow Webull Pay to scale with the evolving crypto market.
The platform expects the new offering to enable users to gain access to deep liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.� In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. � Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.� In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. � Nothing is more liquid than cash, while other assets represent Read this Term , tight spreads, and the potential for yield through staking and USDC rewards.
Global Expansion on the Horizon
Beyond the domestic rollout, Coinbase and Webull Pay are also exploring joint efforts to extend their services globally. That would bring Webull Pay-branded crypto offerings to new markets, riding on Coinbases existing global infrastructure and compliance frameworks.
The deal reportedly includes access to Coinbases USDC rewards program. Users who hold USDC through Webull Pay will automatically be enrolled in the loyalty scheme unless they opt out.
However, disclaimers clarify that these reward-bearing accounts are not FDIC- or SIPC-insured and are not savings accounts. Rates can vary and are subject to change.
Meanwhile, Coinbase plans to join the S&P 500 index this month. The index tracks the largest 500 publicly listed companies in the US across various sectors. The crypto exchange will reportedly be listed under the financials sector, replacing Discover Financial Services, which is being acquired by Capital One.