Coinbase has announced the launch of the Coinbase One Card, a new credit card developed in partnership with American Express. Scheduled for release in fall 2025, the card will allow users to earn up to 4% back in Bitcoin on every purchase. The Coinbase One Card will operate on the American Express network, which currently serves 141 million users. This initiative marks a notable integration of cryptocurrency rewards into traditional credit card infrastructure, providing a premium co-branded card that incentivizes spending with Bitcoin cashback. The announcement was made during the 2025 State of Crypto Summit, where Coinbase also revealed plans to introduce perpetual futures trading products in the U.S.