Coinbase has officially launched Coinbase Business in Singapore, marking the first international rollout of its crypto operating platform outside the United States.
Key Highlights of the Singapore Launch:
- Target Users: The platform is designed for Singaporean startups and small-to-medium businesses (SMBs).
- Core Offerings:It provides a full financial operating stack to integrate crypto into daily operations, including:
- Instant USDC Payments & Global Transfers: Enabling faster, cheaper cross-border payments (with a low 1% transaction fee).
- Automated Tools: API for payroll/vendor management and accounting integration with QuickBooks/Xero.
- Asset Management: Ability to securely buy, sell, and manage digital assets directly from the operating account, and earn yield on USDC balances.
- Strategic Partnership: The launch is backed by a partnership with Standard Chartered Bank, ensuring seamless real-time transfers of Singapore Dollars (SGD) for both retail and business users under local regulatory standards.
- Regulatory Context: This expansion builds on Coinbase’s collaboration with the Monetary Authority of Singapore (MAS) under the BLOOM Initiative to promote compliant digital payments.
Coinbase views Singapore, a major fintech hub, as the ideal location for this international debut, aiming to empower the region's innovation economy with programmable financial tools. Early access for Singaporean firms is now open.
November 2025, Cryptoniteuae