TLDR
- Coinbase (COIN) stock rose 5.5% after Webuy Global integrated Coinbase Commerce for crypto payments across 180+ countries
- The integration allows travelers to pay for travel packages using hundreds of cryptocurrencies including USDC stablecoin
- Coinbase secured a MiCA license to offer crypto services in the EU market
- Bitcoin hit a new all-time high above $112,000, boosting Coinbase shares by roughly 5%
- The company acquired token management platform LiquiFi and is preparing to release Q2 2025 financial results
Coinbase Global saw its stock price climb 5.5% following news that Webuy Global Ltd. integrated Coinbase Commerce into its travel platform. The partnership enables travelers in over 180 countries to purchase travel packages using hundreds of cryptocurrencies.
The integration centers on USDC stablecoin payments, which reduce currency risk for international transactions. Webuy Global’s platform now accepts these digital payments alongside traditional methods.
This development comes as Coinbase pushes deeper into real-world payment applications. The company has been working to expand beyond its core trading business into practical crypto usage.
The travel sector represents a growing market for cryptocurrency payments. Cross-border transactions often involve high fees and currency conversion costs that crypto can help eliminate.
Coinbase Commerce serves as the payment processor for these transactions. The service handles the technical aspects of accepting crypto payments for businesses.
Meanwhile, Bitcoin reached a new all-time high above $112,000, lifting crypto-related stocks across the board. Coinbase shares gained approximately 5% from this broader market rally.
The company recently secured a MiCA license to operate crypto services in the European Union. This regulatory approval opens access to the EU market as digital asset regulations mature.
Coinbase also acquired token management platform LiquiFi, though financial terms were not disclosed. The acquisition expands the company’s institutional and developer service offerings.
Strategic Partnerships Drive Payment Adoption
The Webuy Global partnership follows Coinbase’s deepening relationship with PayPal to support PayPal USD (PYUSD) stablecoin transactions. Both deals highlight the company’s focus on stablecoin adoption globally.
Stablecoins offer price stability that makes them more practical for everyday transactions. USDC maintains a value pegged to the US dollar, reducing volatility concerns for merchants and consumers.
The payment integration allows Coinbase to demonstrate real-world utility for its services. Travel purchases represent a natural fit for crypto payments due to their international nature.
Regulatory Progress Boosts Sentiment
The US Senate recently passed a stablecoin bill, creating positive momentum for crypto firms. This legislative progress has improved the regulatory outlook for companies like Coinbase.
Regulatory clarity remains a key factor for Coinbase’s long-term growth prospects. The company faces ongoing uncertainty about future digital asset regulations.
Coinbase is also deploying USDC stablecoin as collateral in US futures trading. The company introduced a stablecoins payment stack as part of its infrastructure expansion.
The firm projects $8.0 billion in revenue and $2.0 billion in earnings by 2028. This implies an annual revenue growth rate of 8.3% but a projected earnings decrease from current levels.
Community estimates of Coinbase’s fair value range from $140.68 to $400 per share. The wide range reflects different perspectives on the company’s growth potential and regulatory risks.
Coinbase is preparing to release its second quarter 2025 shareholder letter and financial results. Investors await these updates for insight into the company’s performance and outlook.
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