Blockchain says crypto price surge has increased its number of wallets by 4 million

Crypto wallet Blockchain says the bitcoin bull market is helping it add more customers as it looks to add new products, it said in a monthly update. 

In the update, which covered future product launches, feature highlights and industry analysis, Blockchain said it added 4 million new wallet accounts in two months.

It credited part of that rise to its support of stablecoin PAX, which it added to its platform earlier this year.

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The company also introduced higher trade limits for its Swap feature, which allows users to convert crypto to crypto in-wallet, without switching to fiat first. Previously, users at "Gold level" of verification could only swap up to $5,000 per order and $100,000 per week. Now, the cap is $10,000 per swap and $50,000 per day.

The company also reported that ETH and BTC's jumps in May equated to