Coinbase Partners with Moov to Expand Stablecoin Payments Across US Community Banks
Crypto exchange Coinbase has partnered with payments infrastructure provider Moov to offer stablecoin payment services at over 1,000 U.S. community banks and credit unions. The collaboration allows these institutions to accept, settle, and fund stablecoins in real-time using Moov's platform integrated with Coinbase’s custodial wallet accounts and Payments API. This setup supports consumer payments, merchant acceptance, settlement, and payouts without requiring the financial institutions to build their own crypto infrastructure. The initiative aligns with growing interest in stablecoin adoption for mainstream payment systems. It follows recent moves by major banks like U.S. Bancorp preparing to launch a dollar-pegged stablecoin (USBDC) after successful cross-border tests, and an international consortium of 21 financial institutions planning a regulated stablecoin venture set for early 2027.
Tickers: $COIN
Topics: community banks crypto adoption payments infrastructure stablecoins