Coinbase reintroduces payroll deposit feature with support for cryptocurrency asset allocation

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According to CryptoBriefing, as reported by Techub News, cryptocurrency exchange Coinbase has relaunched its Direct Deposit feature in the US, allowing users to deposit a portion of their salary directly into their accounts and automatically allocate it to USDC or cryptocurrency assets. This feature aims to position the platform as a comprehensive financial hub, integrating with Coinbase One to offer higher USDC lending rates and Ethereum and SOL staking rewards. Currently available only in the US, it is planned to expand to other regions later this year.

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