Coinbase Business — the new enterprise platform from leading U.S. crypto exchange Coinbase — has officially launched in Singapore, marking the company’s first international expansion.
Following its initial debut in June, Coinbase has chosen Singapore as the first market outside the United States for Coinbase Business, the company announced on Wednesday.
Designed for startups and small enterprises, Coinbase Business offers an “all-in-one crypto operating platform” that enables users to send and receive payments in Coinbase’s stablecoin USDC, manage digital assets, and automate financial workflows.
“By leveraging the speed and reliability of digital dollars like USDC, we’re providing businesses with a platform for seamless, secure trading — featuring instant settlement, low fees, and no chargebacks,” Coinbase said.
Partnership with Standard Chartered
The launch is being carried out in partnership with Standard Chartered, Coinbase’s local banking ally, to support Singapore dollar transfers for both retail and business clients.
Through this collaboration, Coinbase Business offers Singapore-based companies a comprehensive suite of tools — including crypto trading, global payouts, payment links with a 1% transaction fee, and asset management features that earn rewards on USDC holdings.
The launch of Coinbase Business in Singapore builds on Coinbase’s long-standing partnership with the Monetary Authority of Singapore (MAS), the nation’s financial regulator.
In October 2023, MAS granted Coinbase a Major Payment Institution (MPI) license, authorizing the exchange to expand its digital payment token services for both retail and institutional clients in Singapore.
More recently, Coinbase joined the MAS BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative — a program focused on advancing financial settlement through tokenized bank liabilities and regulated stablecoins.
“This collaboration with MAS reflects our commitment to developing the regulated, compliant infrastructure that will support the next era of finance,” Coinbase said.
