Crypto.com has announced a partnership with Green Dot Corporation to offer enhanced banking and money management tools to its customers in the United States. The collaboration will use Green Dot’s embedded finance platform, Arc, to provide both digital and cash-based account funding, along with interest-earning savings features.
Through the Green Dot Network, Crypto.com users will gain access to over 95,000 retail locations for cash-in and cash-out transactions. These include Walmart, Walgreens, CVS, and 7-Eleven. This integration offers broader access to fiat on-ramps and off-ramps, including in underbanked areas where physical bank branches continue to decline.
“Offering banking services to Crypto.com’s U.S. customers”
Joe Anzures, General Manager, Americas and EVP of Payments at Crypto.com, commented, “Increasing everyday utility of cryptocurrencies and providing customers more ways to enhance their financial lives are both central to our vision and roadmap at Crypto.com. We are thrilled to partner with Green Dot, a true leader that shares our vision for digital payment utility and financial empowerment, in offering banking services to Crypto.com’s U.S. customers.”
The new capabilities include a savings vault powered by Arc that allows customers to earn interest on U.S. dollars held in their Crypto.com Cash Accounts. More banking features are expected to be added in future updates.
Green Dot said its platform enables partners to create accessible financial products for a wide user base. Renata Caine, GM and SVP of Embedded Finance at Green Dot, commented, “We are thrilled to partner with Crypto.com to enhance the customer experience for their millions of users in the U.S. with more seamless and affordable means of buying and selling cryptocurrencies. Crypto.com has been a trailblazer in safely and securely advancing the adoption of cryptocurrency in the U.S., and we are looking forward to innovating on behalf of their customers for years to come.”
Green Dot has operated for over two decades and offers embedded financial infrastructure through Arc. The platform supports digital money movement between accounts and physical access to cash services, reaching 96 percent of the U.S. population within three miles of a participating location.
Crypto.com offers access to more than 350 cryptocurrencies and has continued to expand its non-trading services. The new partnership is part of a broader effort to integrate traditional financial tools into the crypto ecosystem.