Coinbase and American Express Partner to Launch Bitcoin-Backed Credit Card

Coinbase has announced a groundbreaking partnership with American Express to introduce the Coinbase One Card, a Bitcoin-backed credit card set to launch in fall 2025. This innovative financial product aims to bridge the gap between cryptocurrency utility and traditional payment systems, offering users bitcoin rewards ranging from 2% to 4% on purchases. The collaboration leverages American Express''s premium network benefits, providing cardholders with enhanced financial flexibility and crypto integration. According to Will Stredwick, an executive at American Express, this initiative represents a strategic move to merge the reliability of established payment infrastructure with the growing demand for cryptocurrency solutions. The announcement underscores Coinbase''s continued expansion into financial services, further solidifying its position as a leader in the digital asset space. With the launch scheduled for late 2025, the Coinbase One Card is poised to attract both crypto enthusiasts and mainstream consumers seeking seamless ways to earn and spend Bitcoin.

Coinbase Launches Bitcoin-Backed Credit Card with American Express

Coinbase has unveiled its first branded credit card in collaboration with American Express, marking a strategic push into financial services. The Coinbase One Card, set for release in fall 2025, offers 2-4% Bitcoin rewards on purchases and taps into Amex''s premium network benefits. "This partnership merges crypto utility with trusted payment infrastructure," said American Express executive Will Stredwick at Coinbase''s State of Crypto Summit.

The move signals Coinbase''s expansion beyond its core exchange business, building on its 2020 Visa debit card offering. Analysts highlight the card''s potential to drive subscription revenue, with William Blair''s Andrew Jeffrey calling it a "long-term equity catalyst." Market reaction was immediately positive, though details on eligibility and crypto conversion mechanics remain undisclosed.

Coinbase Unveils Amex-Backed Crypto Credit Card and Perpetuals Trading at 2025 Summit

Coinbase has unveiled ambitious new products at its Crypto Summit 2025, headlined by a bitcoin rewards credit card partnership with American Express. The Coinbase One Card promises 4% back in BTC on all purchases—a stark reversal from Amex''s 2021 stance against crypto cards. This marks a significant institutional embrace of Web3 payment infrastructure.

The exchange also announced the impending launch of regulated perpetual futures trading in the US, expanding a product already available in other jurisdictions. Both developments signal Coinbase''s push to bridge traditional finance with digital assets, leveraging its position as a top-tier exchange.

Notably absent were details about how American Express will manage Bitcoin liquidity for rewards payouts. The 4% reward rate—substantially higher than most fiat credit card programs—could pressure competitors to accelerate crypto integrations.

Top 3 DEX Tokens to Watch for the Third Week of June 2025

BNB Chain has surged in relevance, leading the decentralized exchange (DEX) market with $142 billion in volume over the last 30 days. PancakeSwap (CAKE) generated $45 million in revenue, ranking sixth among all protocols, while Coinbase listed it on June 12. CAKE could test resistance at $2.74 if momentum continues.

Uniswap (UNI) posted a record monthly trading volume of $88.8 billion in May 2025—the highest since the start of the year. Meanwhile, CETUS is rebounding after a $220 million exploit, relaunching with new security measures and compensation plans.

Coinbase Launches One Card with 4% Bitcoin Rewards for US Subscribers

Coinbase unveiled its new One Card during the State of Crypto Summit in New York, offering up to 4% Bitcoin cashback on purchases. The metal card, engraved with part of the Bitcoin genesis block, runs on the American Express network and includes travel perks and purchase protections. CEO Brian Armstrong emphasized the product''s utility: "Why shouldn’t you earn 4% on your checking account?"

Access is limited to US-based Coinbase One subscribers, with cashback rates scaling from 2% based on crypto holdings. A new Basic tier ($4.99/month or $49.99/year) provides entry to the card alongside zero trading fees on $500 monthly, 4.5% APY on USDC, and $1,000 account protection. Since its 2023 launch, Coinbase One has attracted nearly one million users seeking trading, staking, and reward benefits.