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JPM is partnering with Coinbase.
Cue everyone losing their minds.
Here's what's really happening.
- As of today: You can't use JPM a credit card to buy crypto
- From 2026 that's still true UNLESS its with Coinbase
- And users will have the option to convert points into USDC on Base
I have questions
- How many Chase card holders will OPT IN, to converting their points to USDC?
- How is this not like preventing open banking from working and anti competitive?
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