JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up
July 30 (Reuters) - U.S. banking giant JPMorgan (JPM.N), partnered with Coinbase (COIN.O) on Wednesday [7-29-25] to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in fall 2025.
Once viewed warily by traditional financial institutions, the digital assets industry has gained enough traction among consumers and investors that large banks are now entering the space. From custody services to card-linked purchases, financial heavyweights are increasingly offering crypto-related products and mulling new use cases for the tokens, signaling how far the once-nascent market has matured.
The cryptocurrency market recently touched a $4 trillion valuation and is expected to grow further as regulatory clarity in major markets such as the United States drives broader adoption.
Starting in 2026, Chase customers will be able to redeem credit card reward points for USDC, a U.S. dollar-pegged stablecoin, and directly link their bank accounts to Coinbase to fund crypto purchases.
----------------------------------------------------------------------------
Above article a follow up on this recent post: Red Alert: US Passes 'GENIUS Act' - Adopts 'Stablecoins' Enabling Transformation Of Global Finance To Digital-Currency Controlled By Private Entities 7-28-25 "It will upend the world of credit cards say they. It will fundamentally change the world of commerce say they. It is about to become the DEFAULT payment option for millions say they. The US passing the 'GENIUS Act' into law formally adopting 'stablecoins' cryptocurrency as acceptable and actually a preferred method for conducting financial transactions, represents nothing less than the beginning of what will without doubt become a complete transfer of the entire economic system over to digital currency.." [see post]
***
What time is it? It's late-in-the-game time. The transition to digital virtual money controlled by private entities is now officially underway. Quoting above article the "financial heavyweights" are driving the transition. Digital everything is the only plan, Virtual Money a big part of it. Most know that. Anyway note this development the push to get people using the new 'stablecoin' system can now be seen - tying it into their credit card accounts.
Watch from here - what happens if/when everything suddenly costs more if not transacted with 'stablecoins'? Insist on cash or your old-fashioned credit card .. will it suddenly cost more to pay that way? Would not be surprised to see it, as the selling-point for stablecoins is that vendors have to pay fees for credit card transactions but not for stablecoins. And cash is dirty and troublesome - say they.. so no discount. Or buying online the big players like Amazon suddenly stablecoin the only accepted method of paying? Not today of course but a couple years down the road almost certain. Majority of people likely jump in, for the most part ignorant to the very real consequences like complete loss of personal freedom. At any rate Aug 2025 digital switcheroo here it comes and it looks like the push can be expected to be coming from everywhere.. and relatively quick.. definitely take note fyi
Rev. 18:4
------------------------------------------------------------------------------------------
James 5:1-3 'Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days'
July 30 (Reuters) - U.S. banking giant JPMorgan (JPM.N), partnered with Coinbase (COIN.O) on Wednesday [7-29-25] to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in fall 2025.
Once viewed warily by traditional financial institutions, the digital assets industry has gained enough traction among consumers and investors that large banks are now entering the space. From custody services to card-linked purchases, financial heavyweights are increasingly offering crypto-related products and mulling new use cases for the tokens, signaling how far the once-nascent market has matured.
The cryptocurrency market recently touched a $4 trillion valuation and is expected to grow further as regulatory clarity in major markets such as the United States drives broader adoption.
Starting in 2026, Chase customers will be able to redeem credit card reward points for USDC, a U.S. dollar-pegged stablecoin, and directly link their bank accounts to Coinbase to fund crypto purchases.
----------------------------------------------------------------------------
Above article a follow up on this recent post: Red Alert: US Passes 'GENIUS Act' - Adopts 'Stablecoins' Enabling Transformation Of Global Finance To Digital-Currency Controlled By Private Entities 7-28-25 "It will upend the world of credit cards say they. It will fundamentally change the world of commerce say they. It is about to become the DEFAULT payment option for millions say they. The US passing the 'GENIUS Act' into law formally adopting 'stablecoins' cryptocurrency as acceptable and actually a preferred method for conducting financial transactions, represents nothing less than the beginning of what will without doubt become a complete transfer of the entire economic system over to digital currency.." [see post]
***
What time is it? It's late-in-the-game time. The transition to digital virtual money controlled by private entities is now officially underway. Quoting above article the "financial heavyweights" are driving the transition. Digital everything is the only plan, Virtual Money a big part of it. Most know that. Anyway note this development the push to get people using the new 'stablecoin' system can now be seen - tying it into their credit card accounts.
Watch from here - what happens if/when everything suddenly costs more if not transacted with 'stablecoins'? Insist on cash or your old-fashioned credit card .. will it suddenly cost more to pay that way? Would not be surprised to see it, as the selling-point for stablecoins is that vendors have to pay fees for credit card transactions but not for stablecoins. And cash is dirty and troublesome - say they.. so no discount. Or buying online the big players like Amazon suddenly stablecoin the only accepted method of paying? Not today of course but a couple years down the road almost certain. Majority of people likely jump in, for the most part ignorant to the very real consequences like complete loss of personal freedom. At any rate Aug 2025 digital switcheroo here it comes and it looks like the push can be expected to be coming from everywhere.. and relatively quick.. definitely take note fyi
Rev. 18:4
------------------------------------------------------------------------------------------
James 5:1-3 'Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days'
No comments :
Post a Comment