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The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/coinbase-integrates-apple-pay-for-crypto-purchases/" rel="noopener noreferrer nofollow">Coinbase Integrates Apple Pay for Crypto Purchases</a> appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.Coinbase announced Monday that Apple Pay is now integrated with its Coinbase Onramp service, which lets crypto apps enable fiat-to-crypto purchases for assets like Bitcoin, Dogecoin, and plenty more.With Apple Pay integrated, users of crypto applications that utilize <a href="https://cryptosnewss.com/coinbase-invests-20m-in-aero-a-boost-for-base-layer-2-growth/" rel="noopener noreferrer nofollow">Coinbase</a> Onramp can use Apple’s payments service for all fiat-to-crypto purchases, with free onramping or offramping via USDC, a popular stablecoin that is pegged to the value of $1.“Now in seconds instead of minutes, users can fund their wallets using one of the most widely used payment methods in the US,” Nemil Dalal, Head of Coinbase Developer Platform.Popular applications like Moonshot, a mobile app that allows users to trade meme coins, make use of the feature, <a href="https://x.com/moonshot/status/1859295011138871481" rel="noopener noreferrer nofollow">allowing its users to add up to $500 a week via Apple Pay</a> through Coinbase Onramp—with no know your customer (KYC) requirements.Data from Oberlo, <a href="https://www.oberlo.com/statistics/how-many-people-use-apple-pay" rel="noopener noreferrer nofollow">cited by Coinbase in its feature announcement</a>, forecasts that there are more than 60 million users of Apple Pay in the United States who can now make use of the feature. That figure is expected to jump to 67 million users by 2026.Coinbase has a history with Apple Pay, letting users of the Coinbase Card link it to their Apple Pay accounts as early as 2021 while enabling purchasing and cashouts via debit cards linked through Apple Pay later that year.Coinbase is a prominent American <a href="https://cryptosnewss.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">cryptocurrency</a> exchange, and the announcement is the latest in its attempts to simplify the onboarding process for users and make it easier for them to join on-chain economies. In November, the company announced it was acquiring Utopia Labs to accelerate on-chain payments via its Ethereum layer-2 network, Base.Coinbase Onramp, which comes with built-in KYC and compliance, supports more than 100 crypto tokens and over 60 fiat currencies.The post <a href="https://cryptosnewss.com/coinbase-integrates-apple-pay-for-crypto-purchases/" rel="noopener noreferrer nofollow">Coinbase Integrates Apple Pay for Crypto Purchases</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

Coinbase Integrates Apple Pay for Crypto Purchases

Cryptos Newss

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