TLDR Tech / Fintech
Coinbase rolls out refreshed direct-deposit feature
Coinbase has relaunched paycheck allocation into crypto accounts after an 18-month pause, allowing users to automatically direct a portion of their salary into USDC or other digital assets without standard trading fees. The updated product raises deposit limits from $25,000 per day to $200,000 per week and introduces a smoother onboarding experience designed around typical biweekly and monthly pay cycles. The launch comes as regulators debate stablecoin rules that could limit rewards on idle balances, potentially pushing users toward staking, lending, or other crypto products to generate returns.
Read the full story