Popular US financial planning company Mint has given Bitcoin a little more legitimacy after it partnered with Coinbase to add support for the virtual currency to its service. Now Mint’s 10 million-plus users can keep tabs on their Bitcoin stash, alongside their existing credit cards, bank accounts and investments. The service converts holdings into US dollars to keep things simple amid the changing price of Bitcoin.
The wild ride of bitcoin’s value is slowing down, and we are beginning to see the effects of that stability. Personal finance app Mint is integrating with bitcoin wallet service Coinbase, so bitcoin owners can quickly track how much their stash is worth and compare this value to their other financial accounts. “There are now 12 million bitcoin in circulation and 60,000 merchants accepting it via Coinbase,” Mint product manager Vince Maniago said in an interview. “We felt like it was something we couldn’t ignore anymore, and this is a good time to go out and support the currency as it becomes more legitimate.”
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