Google has chosen Coinbase to receive cloud payments with cryptocurrencies and will use Coinbase’s custody method.
Next year, Google will accept a group of customers to pay for cloud services with cryptocurrencies. Google has also chosen Coinbase to receive payments.
Google Chooses Coinbase For Payments With Cryptocurrency
Google has chosen Coinbase to receive payments in the idea of paying for cloud services with cryptocurrency, which it plans to offer next year. Apart from receiving payments, Google will also use Coinbase Prime, a service of Coinbase, to store and trade cryptocurrencies. In addition, Google will move some of its applications from Amazon’s Web service to Google’s cloud.
Google said today that it will trust Coinbase. Coinbase says it will leverage Google’s cloud infrastructure, while aiming for some customers to be able to pay for cloud services with cryptocurrencies as early as 2023.
In addition to the agreement announced at Google’s Cloud Next conference, it was stated that Google could put Google ahead because its competitors do not offer the opportunity to pay with cryptocurrencies.
Amit Zavery, vice president and general manager and head of platform, said that the Google Cloud Platform infrastructure service will initially accept crypto payments from customers who want to pay in cryptocurrency in the Web3 world, thanks to integration with the Coinbase Commerce service.
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