Global Insurance Giant USAA Fully Integrates Bitcoin on Its Platform

Rage Comment : USAA Insurance Company is a Fortune 500 multi-type insurance service organization established in Texas, providing customers with mutually beneficial insurance exchange policies, banking, investment, home and commercial insurance services. By 2012, it had 9.4 million members. In January 2015, USAA participated in the Coinbase $75 million financing project, and other investors included the New York Stock Exchange and BBVA Ventures. Now USAA stipulates that all account holders can access the Coinbase platform from the USAA.COM interface to view their account balances.

Translation: Annie Xu

Following the November pilot program, in order to expand the integration of Bitcoin technology, USAA has stipulated that all account holders can access the Coinbase platform from the USAA.COM interface to view their account balances.

USAA reported today that the trial was successful and the mobile app may be released in March. Both USAA.COM and the USAA mobile app were part of the first trial.

USAA investment partner Jon Cholak said he has supported the project for a long time.

“USAA has a tradition of being at the forefront of new technology trends. The program we are developing will be the most advanced in the financial services industry.”

In January 2015, USAA participated in Coinbase’s $75 million funding round, with other investors including the New York Stock Exchange and BBVA Ventures.

The Fortune 500 company has said it is an active Bitcoin user, which was a major reason for the company's investment in Coinbase.

USAA Insurance Company is a Fortune 500 multi-type insurance service organization established in Texas. It has a Texas Insurance Department, which provides customers with reciprocal insurance exchange policies, and has branches that provide banking, investment, home and commercial insurance services. As of 2012, it has 9.4 million members.
USAA Insurance Company was founded in 1922. The company was the first to adopt a novel employee direct sales method, replacing the use of intermediaries to conduct telephone or Internet sales. The company's main business scope includes: personal property insurance, banking, investment and financial planning, and other service areas.