Share this article
USAA Adds Bitcoin Balance Check Option for Coinbase Users
USAA is rolling out a pilot program that will let some customers view their Coinbase bitcoin balances through their online and mobile accounts.
By Stan Higgins
Updated Sep 11, 2021, 11:58 a.m. Published Nov 3, 2015, 1:00 p.m.
Make us preferred on Google
UPDATE (19th October 10:50 BST): This piece has been updated with an image from the USAA/Coinbase integration.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
American financial services company USAA is rolling out a pilot program that will let some of its customers view their Coinbase bitcoin balances through their USAA online and mobile accounts.
The pilot, as outlined in a new blog post from Coinbase, represents a small but deliberate move by the US military-focused insurer to tap interest in bitcoin among its customer base. In an interview with CoinDesk, USAA framed the pilot – which only allows view-only balance checks with no transaction support at this time – as a means to further experiment with the technology.
Declining to offer specific numbers, the company said that it was choosing customers that have expressed an interest in digital currency in the past. The pilot was previously made available to employees in September, as well as to select testers, followed by the full roll-out this week.
In its blog post, Coinbase shared a gif of how the dashboard tool will work:
[caption id="" align="aligncenter" width="640"] Coinbase gif[/caption]
USAA was one of several firms to invest in Coinbase's $75 million Series C funding round, telling CoinDesk at the time that its customer base was "more actively engaged in bitcoin than the average consumer".
The company has since begun leveraging this interest and its relationship with Coinbase to further experiment with bitcoin and the blockchain.
Images via USAA, Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks
The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.
What to know:
- Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
- Gold rose to a new record above $5,200 per ounce following the president's comments.
- One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.
Top Stories
