US-based cryptocurrency exchange Coinbase has expanded its partnership with Standard Chartered, introducing a multi-currency funding infrastructure tailored for institutional clients. With this update, institutional investors can now fund their Coinbase accounts using a range of global currencies, including AUD, SGD, CAD, CHF, EUR and GBP. The company emphasized that, as participation in digital asset markets accelerates, institutions require flexible and rapid access to capital.
Global capital flows streamlined
In its announcement, Coinbase highlighted that institutions are increasingly utilizing spot, derivatives, and financing products across various global markets. The company stated that as institutional involvement grows in the cryptocurrency sector, efficiently managing fund transfers has become a critical need.
As institutional participation broadens in different regions, seamless and rapid transactions between multiple currencies have turned into a fundamental necessity, Coinbase stated.
The new infrastructure enables direct funding in Australian dollars, Singapore dollars, Canadian dollars, and Swiss francs. For euro and British pound transfers, transactions will occur through payment systems backed by globally significant financial institutions.
Coinbase noted that these enhanced funding routes will be available primarily on Coinbase Prime and Coinbase Exchange. However, for now, Prime Trading users within the European Union will not have access to this feature.
Glossary: Standard Chartered is a UK-based global bank renowned for its long history and robust presence in Asia, Africa, and the Middle East. The institution is well-known for facilitating multinational financial flows through its extensive global solutions.
A new era for institutional crypto transactions
Coinbase said the upgraded system will allow large-scale institutional investors to distribute capital across markets more efficiently while reducing costs linked to currency conversion. This enables clients to conduct global crypto transactions without being restricted by banking hours or geographic limitations. With this solution, participants will have greater speed and flexibility compared to conventional, bank-based methods.
Flexible infrastructure for multi-currency portfolio management, minimizing currency risk, and funding positions in different markets has become increasingly essential, Coinbase explained.
The exchange also underscored that major industry players expect robust, integrated infrastructures that allow them to transact globally regardless of time zones and territorial constraints.
The future is clear—capital can now move independent of geography, banking hours, or legacy financial system barriers, Coinbase concluded.
Direct crypto payroll reinstated for US users
Meanwhile, Coinbase has reopened its Direct Deposit service for individual users in the US. This feature lets users have a portion of their salaries deposited automatically into USDC or other cryptocurrencies, with all transfers processed completely fee-free. The move aligns with Coinbase’s broader strategy to expand into traditional financial services, aiming eventually to offer a comprehensive platform that covers payments, savings, crypto trading, and on-chain financial tools in a single location.
Across the crypto industry, more companies are rolling out products that bridge traditional finance with blockchain-powered next-generation services. Coinbase continues to broaden both its retail and institutional offerings through 2026.
