Coinbase has launched Coinbase Business in Singapore, introducing the corporate-focused platform to a market where the company already holds a Major Payment Institution licence from the Monetary Authority of Singapore (MAS).
The service gives startups and SMEs access to crypto payments, stablecoin settlement, treasury tools and direct SGD banking support through Standard Chartered, according to the company’s announcement and industry reports.
The rollout supports both crypto-native and traditional businesses that want to use assets such as USDC for payments or liquidity management. Companies can move funds between Singapore dollars and digital assets, automate accounting flows and integrate with existing finance systems through APIs.
Why Singapore Fits Coinbase’s Strategy
Singapore has become a preferred jurisdiction for global fintech and digital-asset companies due to clear licensing pathways and close coordination between regulators and banks.
Coinbase has been expanding its footprint in the country since securing its licence, adding regional hires in compliance, engineering and commercial roles.
For Coinbase, Singapore provides a test bed for business-focused crypto services in a region where digital-commerce adoption is high and regulatory clarity is stronger than in many Western markets.
The launch follows growing corporate use of stablecoins for payments and cross-border transfers, especially among younger companies that operate across multiple countries in Southeast Asia.
The service is designed to support these needs rather than retail trading, which has historically driven most of Coinbase’s global activity.
What It Means For Asia’s Crypto Landscape
Singapore’s framework for stablecoins, digital-payment tokens and custody rules has made it one of the most structured markets in Asia. Coinbase’s launch fits into that environment, offering a platform built around compliance and enterprise workflows rather than speculation.
The move also places competitive pressure on exchanges and fintechs operating in the region. Platforms such as Binance, Crypto.com and OKX serve large Asian user bases, but Coinbase is positioning itself specifically toward business clients seeking regulated treasury and payment infrastructure.
If adoption grows, this could influence how businesses across Southeast Asia (SEA) incorporate stablecoins and crypto-based payments into daily operations, especially in trade, contractor payments and cross-border commerce.
What To Watch Next
Growth will hinge on how quickly businesses integrate the service and whether Singapore becomes a springboard for expansion into other Asian markets.
Questions include the depth of bank partnerships, how accounting and compliance tools evolve, and whether larger enterprises begin pilot programs using stablecoins for settlement.
The broader test is whether Coinbase Business can convert interest in crypto-based financial tools into steady commercial use in a market known for strict standards and high expectations from fintech operators.
