Coinbase Makes Strategic Move into Asia with Singapore Expansion

Coinbase has officially expanded its operations to Singapore through a partnership with Standard Chartered, marking its first international venture outside the U.S. The new business-focused platform aims to serve startups and SMEs by offering real-time SGD transfers and instant settlements via stablecoins such as USDC and XSGD. This strategic move highlights Coinbase's commitment to tapping into Asia's rapidly growing crypto-commerce ecosystem, leveraging institutional partnerships to enhance its global footprint. The collaboration with Standard Chartered underscores the exchange's focus on providing seamless financial solutions for businesses in the region, further solidifying its position as a leader in the cryptocurrency space.

Coinbase Expands to Singapore with Standard Chartered Partnership

Coinbase has launched its business-focused platform in Singapore, marking its first international expansion outside the U.S. The new service, developed in collaboration with Standard Chartered, targets startups and SMEs with real-time SGD transfers and instant settlements via stablecoins like USDC and XSGD.

The MOVE underscores Coinbase's strategic push into Asia's burgeoning crypto-commerce ecosystem. By leveraging institutional partnerships, the exchange aims to bridge traditional finance with digital asset infrastructure—a critical step toward mainstream adoption.

Coinbase Expands into Asia with New Singapore Platform

Coinbase has launched "Coinbase Business" in Singapore, its first international platform outside the U.S., targeting local startups and SMEs with crypto trading and payment solutions. The platform enables real-time Singapore dollar transfers through a partnership with Standard Chartered, alongside instant settlements using stablecoins like USDC and XSGD.

The collaboration eliminates traditional banking delays and high cross-border fees, offering businesses seamless access to digital asset liquidity. This move aligns with Singapore's push to become a global hub for digital finance innovation.