Coinbase, Moov Team Up for Regional Bank Stablecoin Infrastructure
Coinbase has partnered with payments infrastructure firm Moov to provide stablecoin infrastructure to over 1,000 US regional banks and other financial institutions.
The partnership will allow Moov clients to add stablecoin payment capabilities without overhauling their existing banking systems or building separate crypto technology stacks.
Coinbase's regulated digital-asset infrastructure will be integrated into Moov's payments platform, enabling the connection of stablecoins with other financial products offered by regional financial institutions.