On October 11th, Google
announced its partnership with Coinbase that will allow some customers to pay for cloud services with cryptocurrencies early in 2023. Coinbase stated it would also draw on Google cloud infrastructure. According to CNBC, in addition to current collaboration, Google plans to explore using Coinbase Prime, a custodial service for storing and trading cryptocurrencies.
Amit Zavery, vice president, general manager, and head of the platform at Google Cloud, said that at the beginning, cryptocurrency payments will be accepted only from a select group of clients, who are already active in Web3 via the Coinbase Commerce integration.
Over time, Google will allow more customers to make payments with cryptocurrency, Zavery said. Coinbase Commerce supports 10 currencies, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum and Litecoin.
This development comes after another recent news about
Google Cloud Services and Near Protocol partnership. The announcement from the Near Foundation revealed that Google Cloud will offer "technical support" to Near grant recipients.