Coinbase Expands Global Currency Rails With Standard Chartered - Blockonomi

by · Blockonomi

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  • Coinbase expanded its partnership with Standard Chartered to support multi-currency funding rails for institutions.
  • Institutional clients can now access funding support for AUD, SGD, CAD, CHF, EUR, and GBP.
  • Coinbase said the new system helps institutions manage global trading operations more efficiently.
  • The company relaunched Direct Deposit for U.S. customers with zero trading fees on crypto allocations.
  • Coinbase is expanding its services across trading, payments, savings, and onchain financial products.

Coinbase has expanded its partnership with Standard Chartered to introduce new multi-currency funding rails for institutional clients. The update is designed to support firms operating across several crypto markets and trading products.

According to Coinbase, institutions now manage trading strategies involving spot markets, derivatives, and financing products across different regions. The company said institutions require faster and more flexible access to capital as participation in digital assets continues to grow.

“As institutional participation scales across regions, the ability to move capital efficiently across currencies has become a critical requirement,” Coinbase stated in a blog post announcing the partnership update.

The integration introduces funding rails for the Australian dollar (AUD), Singapore dollar (SGD), Canadian dollar (CAD), and Swiss franc (CHF). Coinbase also added GSIB-backed settlement support for the euro (EUR) and British pound (GBP).

The services will be available through Coinbase Prime and Coinbase Exchange. However, Coinbase noted that Prime Trading clients in the European Union will not have access to the feature at this stage.

Coinbase Targets Faster Global Capital Movement

Coinbase said the new infrastructure will help institutional users manage global trading operations without relying on forced foreign exchange conversions. The company explained that clients can reduce costs linked to currency conversion and improve capital allocation across markets.

The crypto exchange also stated that institutions can operate using banking infrastructure supported by Global Systemically Important Banks. Coinbase said the update is part of a wider effort to improve efficiency for large-scale crypto trading operations.

“Managing multi-currency portfolios, optimizing FX exposure, and funding positions across markets all require flexible and resilient infrastructure,” Coinbase said.

The company added that institutions increasingly expect trading platforms to provide global access without delays linked to banking hours or regional restrictions.

“The direction is clear. A system where capital is not constrained by geography, banking hours, or legacy infrastructure,” Coinbase stated.

Coinbase Relaunches Direct Deposit for US Customers

Separately, Coinbase relaunched its Direct Deposit feature for users in the United States. The feature allows customers to automatically allocate part of their salaries into crypto assets, including USDC and other cryptocurrencies.

Coinbase said users can access the feature without trading fees. The company positioned the relaunch as part of its broader effort to expand financial services beyond crypto trading.

The exchange described its long-term strategy as building an “everything exchange” that combines payments, savings products, trading services, and onchain financial tools within one platform.

The relaunch comes as crypto firms continue expanding services tied to digital payments and stablecoins. Companies across the sector are introducing products aimed at linking traditional financial systems with blockchain-based services.

Coinbase has continued expanding both retail and institutional offerings during 2026 as competition among major crypto exchanges increases.

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