Saturday, December 14, 2024

Chainalysis integrates Coinbase Commerce

Chainalysis has integrated Coinbase Commerce, allowing its customers to settle invoices using various digital assets. This integration supports the evolving needs of customers, particularly in the decentralized finance (DeFi) sector, by streamlining the payment process and eliminating traditional barriers associated with fiat transactions.

Facts

  • Chainalysis has integrated Coinbase Commerce, enabling customers to settle invoices using a wide range of digital assets.
  • This integration supports the evolving needs of Chainalysis customers, especially those in the rapidly growing DeFi sector.
  • Customers from around the world can pay using a growing number of cryptocurrencies through Coinbase Commerce.
  • The integration eliminates the need for fiat conversions or traditional banking services, benefiting customers who primarily operate within decentralized networks.
  • Rakib Azad, SVP Finance at Chainalysis, acknowledges the unique needs of DeFi participants and expresses excitement about supporting their operations through accepting various digital assets.
  • Will Robinson, Coinbase VP of Engineering, highlights the potential of cryptocurrency to create more economic freedom and emphasizes that this collaboration with Chainalysis is a step towards that vision.
  • Chainalysis customers interested in paying through Coinbase Commerce should contact their Chainalysis account representative.

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