Brian Armstrong, CEO of Coinbase Global (NASDAQ:COIN), announced on Wednesday that the new “Direct Deposit” feature is now live, enabling users to split their paychecks directly into cash and cryptocurrency.
Payday Becomes More Exciting
Armstrong confirmed the development on X, sharing a request from a user who had asked for it back in January 2025.
“You got it. Direct deposit is live on Coinbase,” Armstrong said.
The new feature lets users send their paychecks or a portion of it directly to Coinbase. Every payday, the funds can be automatically split between cash and cryptocurrency based on a predetermined allocation percentage.
Users would also have the option of spending the funds using Coinbase’s cryptocurrency card and earn 4% back on every purchase.
Legal Disclaimers
Coinbase added that funds …
