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Benzinga
Benzinga
Business
Henry Khederian

WeBuy Global (WBUY) Stock Skyrockets Over 30% After Announcing Coinbase Integration For Crypto Payments

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Shares of WeBuy Global Ltd (NASDAQ:WBUY) are surging Monday morning after the Southeast Asian e-commerce and travel technology company announced it has integrated Coinbase Global Inc (NASDAQ:COIN) into its platform, enabling a significant expansion of its payment options.

What To Know: The integration allows customers globally to purchase travel packages and products using hundreds of cryptocurrencies, most notably stablecoins like USDC. This strategic move is designed to eliminate cross-border payment frictions and cater to a growing international clientele in crypto-active markets.

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