PistachioFi Partners with Coinbase for Apple Pay Crypto Purchases
PistachioFi, a crypto-focused neobank, has teamed up with Coinbase. This partnership lets users buy crypto instantly using Apple Pay. There are no verification steps or deposit fees. Users can deposit up to $50,000 without fees. The service supports ETH and USDC transactions across the U.S.
The integration removes lengthy onboarding processes. Users can fund accounts within seconds. PistachioFi also connects with Base, an Ethereum-based Layer 2 network. This enables fast, low-cost transaction settlements.
Bridging Traditional Finance and Web3
The PistachioFi-Coinbase partnership reflects a growing trend. Payment systems are merging with Web3 technology. Base offers quicker settlements, while Coinbase ensures regulatory compliance. PistachioFi combines fintech ease with decentralized access.
This approach allows users to buy and hold crypto via familiar payment methods. The KYC-free Apple Pay deposits highlight crypto’s shift. It is moving from a speculative asset to a mainstream payment tool.
Mastercard and Chainlink Join the Race
Earlier this year, Mastercard and Chainlink launched a similar initiative. They enable over 3 billion Mastercard users to buy crypto on-chain. This is done through a Web3 integration by ZeroHash. Their goal is to make fiat-to-crypto conversion as easy as a card swipe.
These developments show a competition among fintech and DeFi platforms. Mastercard connects billions to blockchain networks. Coinbase simplifies access through Base. The barrier between fiat and crypto is rapidly shrinking.
PistachioFi’s no-fee deposits may attract users quickly. However, the larger trend is clear. Payment giants and Web3 startups are racing to enable smooth crypto adoption.
