**[Coinbase Launches Coinbase Business for Startups and SMEs in Singapore]** BlockBeats News, November 12, as reported by Techinasia, Coinbase has launched Coinbase Business in Singapore, marking its first international business expansion outside the United States. The new platform provides cryptocurrency trading and payment services for local startups and small businesses, leveraging its partnership with Standard Chartered Bank to support real-time transfers in Singapore dollars. Coinbase stated that the service allows businesses to settle payments instantly using stablecoins such as USDC and XSGD, aiming to reduce international transaction costs and chargeback risks. Currently, the company is accepting early access applications from eligible local businesses in Singapore. This move follows Coinbase's recent participation in the Monetary Authority of Singapore (MAS) BLOOM initiative, which focuses on the digital asset settlement sector in Singapore.