Yves La Rose (@BigBeardSamurai): The JPMorgan x Coinbase partnership is a major signal of where Web3 banking is headed.
Estimated coin impact
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The JPMorgan x Coinbase partnership is a major signal of where Web3 banking is headed. A few things stand out: Direct Bank-to-Wallet Access: JPMorgan is giving Chase users the ability to link their bank accounts straight to Coinbase wallets via a secure API. Traditional banking finally meets crypto with serious UX and security. Reward Points → Crypto: Chase Ultimate Rewards points will be convertible into crypto at a 1:1 ratio (100 points = $1). This is the first time a big credit card loyalty program can directly fund a digital wallet. Credit Cards Meet Crypto: Starting this fall, Chase credit cards will be usable to fund Coinbase accounts. A huge shift for how people onboard into Web3. Legacy finance is leaning in. Web3 banking is no longer a concept, it's becoming infrastructure! 🏦🚀 Quote [@BitcoinMagazine](https://www.twitter.com/BitcoinMagazine/status/1950529081315074463) > BREAKING: 🇺🇸 Coinbase and JPMorgan Chase partner to use Chase credit cards to make purchases on Coinbase. https://t.co/mvGMGXIJ6C