Coinbase partners with Standard Chartered to expand multi-currency fiat channels

Coinbase announced a partnership with Standard Chartered Bank to expand global multi-currency funding channels through Coinbase Prime, supporting Australian dollars, Singapore dollars, Canadian dollars, Swiss francs, euros, and British pounds.

Coinbase stated that this move will enhance capital efficiency, reduce foreign exchange friction, and enable institutional clients to seamlessly conduct global market operations on the same platform through Coinbase Prime.