You can set up a US virtual bank account number (VAN) and share it with employers to receive USD payments, just like direct deposit. The USD payments you receive will be automatically converted to USDC in your Coinbase Wallet. This is completed by our partner, Bridge.
You need to complete verification through Bridge to unlock the virtual bank account number and routing information. Only one virtual bank account number is available per account.
Set up and use your VAN
Select Receive to open up the different receiving options
Select Receive USD
Follow the instructions to verify your Know Your Customer (KYC) using Bridge
Once KYC is complete, you'll be shown the US bank account and routing details
Share these details with your employer
Select the Receive USD option to view these details again
Helpful information about receiving USDC on Coinbase Wallet:
USDC is sent to your Coinbase Wallet on the Base network.
View the minimum and maximum requirements in the information box where you see your account and routing information. Any transaction outside of the minimum and maximum amounts will be rejected and the transaction will not be processed.
Coinbase will subsidize all conversion fees on your behalf.
Successful deposits and their receipts from Bridge can be viewed in your transaction history.
If a deposit fails, you'll be notified in your transaction history.