Coinbase has officially opened access to its Coinbase One Card for American users, ending the waitlist and expanding the rollout to hundreds of thousands of customers. Developed with American Express, the card offers up to 4% back in Bitcoin on purchases, with rewards scaling based on how much crypto users hold on the platform.
Early adopters have already deposited more than $200 million to boost their earning rates and spent over $100 million through the program. Coinbase says the card’s seamless rewards structure is driving “top-of-wallet” use, as spending data suggests growing consumer confidence in crypto-backed payments.
