Coinbase Announces Upcoming Crypto Operating Accounts for Start-Ups and Small Companies
The top US-based crypto exchange platform by trading volume is announcing upcoming crypto-related operating represent start-ups and small companies. In a brand-new company post, Coinbase says it’s releasing Coinbase Organization, a regulatory-compliant all-in-one monetary platform for start-ups and little firms that would permit them to manage crypto properties, get payments, and automate financial workflows.
According to Coinbase, traditional finance acts as a barrier to success for smaller companies, with crypto assets being the solution.
‘Startups struggling to work with and dependably pay international talent, small family-owned businesses taken through the wringer by credit card charges, interest rates and chargebacks, a new restaurant’s books wrecked by long settlement cycles– all aspects that eat into the efficiency and earning potential of almost all businesses today. Crypto and stablecoins solve this exact problem for all of the above with fast, global, and inexpensive money movement.’
Coinbase Business will offer entrepreneurs an easy and quick way to settle payments using digital assets, trade and manage their crypto portfolios, earn passive income via stablecoin rewards, enhance accounting using third-party software, and onboard new users.
‘We’re bringing [our] security, scale, and compliance to everyday services with Coinbase Organization– a modern financial stack built with the speed and scale of crypto. Coinbase Business is purpose-built for modern operations and designed to streamline financial workflows for small-to-medium-sized companies (SMBs) and startups.’
Customers can currently apply for early access to the Coinbase Organization alpha, an initial version of the platform.
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