Webuy Global Ltd Integrates Coinbase to Accept Stablecoin Payments - Leading the Way in Travel Technology and Digital Payments

Rhea-AI Summary

Webuy Global Ltd (NASDAQ:WBUY), a Southeast Asian e-commerce and travel technology company, has announced the integration of Coinbase Commerce into its platform. This strategic integration enables customers to use cryptocurrencies, including USDC stablecoin, for purchasing travel packages and products.

Through this integration, travelers from the U.S., Europe, and other markets can use digital assets to purchase China-bound tour packages, Southeast Asia getaways, and local experiences. The new payment capability is particularly significant for Webuy's travel brand WeTrip, which serves customers across more than 180 countries.

According to CEO Bin Xue, the stablecoin payment feature eliminates cross-border payment friction and reduces FX risks while bypassing costly intermediary banking processes. This development is part of Webuy's broader digital transformation strategy, which includes AI-driven itinerary planning, wallet innovation, and data-centric customer engagement.

Positive

• Integration with Coinbase Commerce enables acceptance of hundreds of cryptocurrencies
• Elimination of cross-border payment friction and FX risks
• Reduction in intermediary banking costs through stablecoin payments
• Expansion of payment options for customers across 180+ countries
• Real-time payment confirmation capability

Negative

• None.

Insights

Fintech Analyst

Webuy's Coinbase integration enables crypto payments for travel, reducing cross-border friction and potentially expanding their global customer base.

Webuy Global's integration of Coinbase Commerce represents a strategic move to capture the growing intersection between travel commerce and digital asset payments. By enabling stablecoin USDC and other cryptocurrency payments, the company is addressing several critical friction points in cross-border travel transactions.

The implementation delivers three key operational advantages: First, it eliminates foreign exchange risks through stablecoins, which maintain consistent value unlike volatile cryptocurrencies. Second, it bypasses traditional banking intermediaries that typically add fees and processing delays. Third, it enables real-time payment confirmation, a significant improvement over conventional international payment methods that can take days to settle.

This integration is particularly valuable for Webuy's WeTrip brand offering China-bound tour packages across 180+ countries. The cross-border nature of these transactions historically introduces complexity, but crypto payments can significantly streamline the process. For travelers from crypto-active regions like the U.S. and Europe, this removes a key barrier to booking international travel experiences.

While innovative, this move follows a broader trend of travel platforms incorporating cryptocurrency payments. The competitive advantage will likely depend on execution quality and user experience rather than the technology itself. The real metric to watch will be adoption rates among Webuy's customer base and whether this translates to meaningful transaction volume through the new payment channel.

SIngapore, June 30, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) (“Webuy” or the “Company”), a fast-growing Southeast Asian e-commerce and travel technology company, has successfully integrated Coinbase Commerce into its platform, enabling customers worldwide to pay for travel packages and products using hundreds of cryptocurrencies, including stablecoin USDC. This strategic move underscores Webuy’s commitment to digital innovation and positions the Company at the forefront of travel technology and next-generation payment solutions.

This new capability reflects Webuy’s focus on embracing cutting-edge payment technologies to deliver a borderless, instant, and cost-efficient experience for its global customer base. Travelers from the U.S., Europe, and other crypto-active markets can now enjoy the flexibility of using digital assets to seamlessly purchase China-bound tour packages, Southeast Asia getaways, and curated local experiences through Webuy’s platform.

“As we expand globally, offering stablecoin payments allows us to serve the evolving needs of international travelers with greater speed and convenience,” said Bin Xue, CEO of Webuy Global Ltd. “By integrating with Coinbase Commerce, we eliminate cross-border payment friction and open new opportunities for customer acquisition across crypto-friendly markets.”

The ability to accept stablecoins is particularly impactful for Webuy’s travel brand WeTrip, which offers curated high-value tour packages to China for customers across more than 180 countries. The stablecoin feature reduces FX risks, bypasses costly intermediary banking processes, and allows real-time confirmation — streamlining cross-border transactions and strengthening Webuy’s global positioning.

This marks another milestone in Webuy’s broader digital transformation strategy, which combines AI-driven itinerary planning, wallet innovation, and data-centric customer engagement to create a next-generation travel and e-commerce platform poised for scalable growth.

About Webuy Global Ltd:
Webuy Global Ltd. is a technology-driven company transforming community e-commerce and travel across Southeast Asia. The Company enhances its group-buy model with predictive AI, personalized recommendations, and community-led engagement, while its travel vertical delivers curated itineraries and real-time support through its proprietary AI Travel Consultant. Webuy is committed to delivering high-quality, affordable products and travel services that improve the lives of millions across the region. For more information, visit https://www.webuy.global/.

Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected due to various factors, including operational execution, market dynamics, and regulatory requirements. Webuy Global Ltd. undertakes no obligation to update any forward-looking statements, except as required by law.

Webuy Global Ltd.
Email: ir@webuy.global

FAQ

What cryptocurrencies can customers use on Webuy Global's platform after the Coinbase integration?

Customers can use hundreds of cryptocurrencies, including USDC stablecoin, through the Coinbase Commerce integration.

How does the Coinbase integration benefit WBUY's WeTrip travel brand?

The integration reduces FX risks, eliminates costly banking intermediaries, enables real-time confirmation, and streamlines cross-border transactions for WeTrip's customers across 180+ countries.

What is the purpose of Webuy Global's (WBUY) Coinbase Commerce integration?

The integration aims to provide borderless, instant, and cost-efficient payment solutions for global customers purchasing travel packages and products.

Who announced the Coinbase integration for WBUY?

Bin Xue, CEO of Webuy Global Ltd, announced the integration, emphasizing its role in serving international travelers' evolving needs.

What markets can use WBUY's new cryptocurrency payment feature?

The feature is available to travelers from the U.S., Europe, and other crypto-active markets for purchasing China-bound tours and Southeast Asia getaways.