Coinbase Expands Operations to Singapore, Introducing USDC Payment Options and Cryptocurrency Resources for Startups

Coinbase has broadened its presence outside the United States with the official introduction of Coinbase Business in Singapore, representing its inaugural international launch of the cryptocurrency operating platform.

Key Takeaways:

• Coinbase has debuted its first international platform, Coinbase Business, in Singapore.
• The platform provides startups and small-to-medium businesses (SMBs) with instant USDC payments, global transfers, and integrated cryptocurrency management tools.
• This launch builds upon Coinbase’s partnership with Singapore’s Monetary Authority (MAS) as part of the BLOOM Initiative.

This initiative enables Singaporean startups and SMBs to utilize instant USDC payments, global disbursements, integrated trading functionalities, and automated accounting solutions.

Coinbase Expands Internationally with Singapore Launch

Singapore, a prominent fintech center and one of Asia’s most cryptocurrency-friendly economies, is the first nation to host the platform’s international launch.

Coinbase stated that this launch is a continuation of its recent collaboration with the Monetary Authority of Singapore (MAS) under the BLOOM Initiative, which seeks to facilitate borderless and compliant digital payments.

The new business suite provides a comprehensive financial operating stack for companies incorporating cryptocurrency into their everyday activities.

Key features include USDC-based global payments, an API for automated payroll and vendor management, and a 1% transaction fee for cross-border payments, significantly lower than traditional credit card processing fees.

Companies can also earn yield on USDC holdings and reconcile their accounts through QuickBooks and Xero integration.

Coinbase Business enables businesses to securely buy, sell, and manage digital assets directly from their operational accounts.

Coinbase Business has officially arrived in Singapore!
We’re excited to launch the first international expansion of our all-in-one financial platform right here in Asia’s digital hub.
More details ↓ pic.twitter.com/reIvCMRmOM

— Coinbase Singapore (@CoinbaseSG) November 12, 2025

The company asserts that this initiative provides Singapore’s rapidly evolving startup ecosystem with “a command center where money moves as swiftly as ambition.”

The launch is supported by a partnership with Standard Chartered Bank, facilitating seamless real-time SGD transfers for both retail and business clients.

Coinbase indicated that this banking connection guarantees fiat-crypto integration in accordance with Singapore’s stringent regulatory requirements.

“This expansion highlights our dedication to fostering the region’s innovation economy,” Coinbase stated in its announcement.

“We’re equipping Singaporean businesses with faster, more affordable, and programmable financial tools for the upcoming era of global trade.”

Coinbase’s launch in Singapore occurs amidst increasing institutional adoption of stablecoins like USDC and enhanced regulatory clarity throughout Asia.

The company’s involvement in MAS’s Agentic Payments workstream signifies a deeper commitment to shaping compliant digital asset infrastructure across the region.

Early access for Singaporean companies is currently available.

Coinbase Asserts Stablecoins Fortify US Banking System

Last month, Coinbase dismissed assertions that the rise of stablecoins could siphon deposits from US banks, contending instead that they bolster the dollar’s global supremacy.

Shirzad noted that the majority of stablecoin demand originates from international users seeking dollar exposure, rather than from U.S. savers.

The firm also mentioned that approximately two-thirds of stablecoin transactions occur on DeFi platforms, distinct from traditional banking, and likened current concerns to those raised during previous financial innovations such as money market funds.

Meanwhile, the Bank of England (BOE) is preparing to unveil its long-anticipated regulatory framework for stablecoins, aiming to keep pace with US advancements in digital asset regulation.

Deputy Governor Sarah Breeden rejected claims that the UK is lagging behind the US, informing Bloomberg that the new regime would be operational “just as swiftly as the US.”

The BOE is set to publish its formal consultation on stablecoin regulation on November 10.

The post Coinbase Business Launches in Singapore, Bringing USDC Payments, Crypto Tools to Startups appeared first on Cryptonews.