Google and Coinbase partnership will enable crypto payments for cloud services – Kitco NEWS
(Kitco News) – Google and Coinbase have announced a new Web3 strategic partnership that includes the ability for certain customers to pay for cloud services using cryptocurrencies like Bitcoin and Ethereum beginning in 2023.
Coinbase Commerce will be used to process the payments, while Coinbase Prime will be utilized by Google for institutional crypto services, like secure custody and reporting.
When the crypto payments launch, only a select group of clients that are already active in Web3 will have access, but over time, the service will be offered to more customers.
According to a press release that accompanied the announcement, “The collaboration will involve Coinbase selecting Google Cloud as a strategic cloud provider to build advanced exchange and data services.”
Coinbase will build its global…
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