Coinbase and Moov to Bring Stablecoins to Community Banks

Coinbase and payments infrastructure provider Moov announced a partnership on Thursday to bring stablecoin payment acceptance, settlement and instant funding to more than 1,000 community banks and credit unions across the United States. The integration will use Coinbase's Payments API and custodial wallets to embed stablecoin rails directly into Moov's existing payments platform, allowing smaller financial institutions to offer consumer payments, merchant acceptance, settlement and payouts without building their own crypto infrastructure. Moov's current network spans more than 1,000 community banks and credit unions, providing card acquiring, card issuance and instant payment infrastructure. The addition of stablecoin functionality extends that established foundation, enabling consumer-level stablecoin transactions, merchant payment settlement, business payouts and corporate access to Coinbase custodial solutions.