Institutional

Coinbase and Standard Chartered Partner to Unlock Global Fiat Access

By Coinbase

Tl;dr: Coinbase is partnering with Standard Chartered to expand Coinbase global, multi-currency funding rails across AUD, SGD, CAD, CHF, EUR, and GBP*. This enhances capital efficiency, reduces FX friction, and enables institutions to operate seamlessly across global markets from a single platform, through Coinbase Prime.

Standard Chartered and Coinbase Prime

Crypto markets have matured. Liquidity is deeper and execution has become significantly more sophisticated. Institutions are running complex strategies across spot, derivatives, and financing. At the same time, global fiat infrastructure is evolving to better support these workflows.

As institutional participation scales across regions, the ability to move capital efficiently across currencies has become a critical requirement. Managing multi-currency portfolios, optimizing FX exposure, and funding positions across markets all require flexible and resilient infrastructure.

The next phase of institutional adoption will be defined by how seamlessly capital moves across markets, currencies, and strategies.

Strengthening global payments rails with Standard Chartered

To address this, Coinbase is partnering with Standard Chartered, a leading international bank which connects the world’s most dynamic markets, to provide fiat banking rails to strengthen the fiat layer that supports institutional crypto. 

This integration introduces: 

  • New multi-currency rails: AUD, SGD, CAD, and CHF 

  • GSIB-backed settlement: EUR and GBP 

  • Institutional access: Available across Coinbase Prime and Coinbase Exchange

What this unlocks for institutions 

Run global trading books without forced FX consolidation
Access and deploy capital in the currencies you operate in, without routing through a single base currency.

Reduce FX drag across strategies
Fewer conversions means lower cost and cleaner execution across markets.

Allocate capital more efficiently
Fund positions faster and rebalance across regions without operational bottlenecks.

Operate on resilient, institutional-grade rails
GSIB-backed infrastructure supports the scale and reliability required for global portfolios.

This expansion is a step toward a more unified financial system, where fiat and onchain assets operate seamlessly together.

As Coinbase continues to expand its stablecoin infrastructure, clients will increasingly be able to move between local fiat and local stablecoins. This unlocks faster settlement and more efficient cross-border flows.

The direction is clear. A system where capital is not constrained by geography, banking hours, or legacy infrastructure.

Coinbase is building an onchain economy 

By combining Coinbase’s crypto-native platform with Standard Chartered’s cross-border fiat capabilities, Coinbase is strengthening the bridge between traditional finance and onchain markets, while laying the groundwork for what comes next.

A financial system that is open, instant, and borderless by design. 

*This expansion feature is currently not available for Prime Trading clients in the EU.


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Disclaimers: Derivatives trading through the Coinbase Advanced platform is offered to eligible EEA customers by Coinbase Financial Services Europe Ltd. (CySEC License 374/19). In order to access derivatives, customers will need to pass through our standard assessment checks to determine their eligibility and suitability for this product.