Coinbase Business Marks its International Debut by Launching in Singapore
TL;DR: Coinbase Business, the all-in-one crypto operating platform, is launching in Singapore - our first international market. Singaporean startups and SMBs now get instant USDC payments, global payouts, rewards on USDC, and easy accounting, building on our recent foundational work with MAS on the BLOOM Initiative.
Today marks an exciting new chapter for Coinbase and for the future of global business. We are thrilled to announce the launch of Coinbase Business in Singapore, making this incredible all-in-one financial platform available in its first international market outside of the United States.
Singapore has always been a beacon of digital innovation and a crucial financial gateway to Asia. Now, the nation’s dynamic ecosystem of startups and Small-to-Medium Businesses (SMBs) can access a modern, compliant, crypto-native operating account designed to eliminate the friction of traditional finance.
In a world that moves at the speed of the internet, traditional finance is simply too slow and too expensive. That’s the problem Coinbase Business is built to solve. By leveraging the speed and stability of digital dollars like USDC, we offer businesses a platform that enables seamless and secure trading, with instant settlement, minimal fees, and zero chargebacks.
The future of B2B payments is built on a faster, cheaper, and more programmable foundation - and that foundation is crypto. We’ve engineered a powerful yet simple technical stack that unifies payment rails, asset management, and financial reporting into a single platform. Singaporean businesses can securely buy, sell, and exchange crypto assets directly from their operating account. For Singapore’s digitally-native companies, Coinbase Business is the command center that ensures their money moves as fast as their ambition.
The new platform brings a powerful suite of tools directly to Singaporean businesses:
Trading: The platform enables integrated portfolio management, allowing businesses to securely buy, sell, and exchange crypto assets directly from their operating account to efficiently manage their digital treasury.
Global Payouts: Pay your international vendors, contractors, and remote employees in USDC with significantly lower costs and near-instant speed. The integrated API allows for seamless automation of payroll and vendor management.
Payment Links: Get paid globally, instantly, and with a simple, shareable link. Customers can pay using hundreds of wallets, and businesses incur only a 1% transaction fee - a massive saving compared to traditional credit card processing.
Integrated Asset Management & Yield: Securely manage your crypto treasury by easily buying, selling, and exchanging assets. Plus, put your working capital to work by earning rewards on your USDC balances.
Seamless Operations: Benefit from a simple, no-fee onboarding process and direct accounting reconciliation support for major platforms like Quickbooks and Xero.
Singapore has firmly established itself as a global leader in digital innovation and a crucial hub for the future of finance in Asia. Bringing Coinbase Business here is a testament to our commitment to supporting the region’s dynamic and rapidly scaling business community. We are excited to offer Singaporean companies the modern tools they need to achieve true economic freedom and global reach.
Coinbase Business Singapore will be powered in cooperation with Standard Chartered, with whom Coinbase have a strategic banking relationship in Singapore that facilitates seamless real-time fiat (Singapore dollar) transfers for Coinbase's retail and now business customers.
This launch is not an isolated event; it's the latest in a series of deep commitments we've made to the region. Just last month, we were proud to announce our participation in the MAS BLOOM Initiative (Borderless, Liquid, Open, Online, Multi-currency), where we are contributing directly to the workstream on "Agentic Payments" and the future of digital asset settlement. This collaboration with the Monetary Authority of Singapore (MAS) demonstrates how we are actively working to build the regulated, compliant infrastructure that underpins the next era of finance.
Singaporean companies ready to upgrade their financial stack and embrace the future of money can apply for early access to Coinbase Business today.
About Hassan AhmedCountry Director, SingaporeHassan serves as the Country Director of Singapore at Coinbase. Prior to Coinbase, Hassan held dual roles at GoTo Group as the Chief Executive Officer of Coins.ph, the largest crypto brokerage in the Philippines; and SVP Strategy for Gopay, Indonesia's eWallet service.
Hassan's professional experience extends to New York, where he oversaw the launch of eToro’s regulated crypto trading platform in the United States as Director of Finance & Operations. Hassan is a knowledgeable leader in the crypto and fintech industry, and is passionate about working with regulators and industry partners to unlock the future of money.
Hassan has an MBA from Harvard Business School.
