Crypto exchange Coinbase officially announced its first branded credit card, the Coinbase One Card, in partnership with payments giant American Express.

Set to launch in the U.S. this fall, the card will be available exclusively to Coinbase One subscription members and offer users the potential to earn between 2% and 4% back in bitcoin on every purchase, depending on the amount of digital assets they hold on the Coinbase platform.

Other benefits include boosted rewards for USDC stablecoin holdings and higher staking rewards on Base, Coinbase’s Ethereum layer 2 network.

The metal card includes an engraving referencing the Bitcoin Genesis Block and the 2008 financial crisis: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks,” known today as the anti-bank Easter egg.

This story is an excerpt from the Unchained Daily newsletter.

The credit card was just one of several announcements made during the State of Crypto conference on Thursday. 

Shopify is partnering with Coinbase and Stripe to enable USDC payments on Base for merchants in 34 countries, converting crypto into local fiat at checkout.

Coinbase also revealed it will integrate Base-native decentralized exchanges like Aerodrome into its main app, aiming to simplify access to onchain assets. 

Finally, the company plans to launch perpetual futures contracts for U.S. users, expanding its suite of trading products.