According to the source, Coinbase officially launched the Coinbase One Card in the United States on Oct 23, 2025. The card is powered by American Express and offers up to 4% back in Bitcoin (BTC) on every purchase, the source reports. The product is available to U.S. users effective today, the source states.

According to the source, Coinbase ended the waitlist for its Bitcoin rewards credit card, the Coinbase One Card, and opened access to U.S. users. Based on the source, this U.S. rollout establishes a new BTC rewards channel, so traders may monitor BTC rewards issuance and Coinbase app engagement as proxies for adoption. Given the source's report of broader access, traders may also track COIN trading volume and exchange BTC flow metrics for signs of incremental on-platform activity tied to rewards distribution.

According to the source, Coinbase has opened access to the Coinbase One Card for U.S. users and will offer Bitcoin (BTC) rewards on spending. According to the source, the key takeaway for traders is the introduction of BTC rewards for American customers via Coinbase's card product.

According to @coinbase, the newly launched Coinbase One Card allows users to spend US dollars while earning Bitcoin (BTC) as rewards. This innovative feature enables real-time Bitcoin accrual on everyday purchases, directly integrating crypto rewards into mainstream spending. Traders should note the potential for increased Bitcoin (BTC) demand and on-chain activity, as more users may hold BTC for rewards and potentially trade or invest further, boosting liquidity and volatility in the BTC market. Source: @coinbase, official Twitter announcement.