Coinbase, Moov Team Up to Bring Stablecoin Payments to Thousands of Community Banks
Coinbase and Moov have formed a partnership to bring stablecoin payment acceptance, settlement, custody, and real-time funding capabilities to more than 1,000 community banks and credit unions served through Moov's payments infrastructure.
The partnership combines Coinbase's regulated digital asset infrastructure with Moov's existing payment platform, allowing smaller financial institutions to offer stablecoin capabilities without developing and operating their own cryptocurrency technology stacks.
Mooov connects community financial institutions to card acquiring and issuing systems and real-time payment rails. Through the partnership, it will integrate Coinbase's stablecoin infrastructure directly into that existing platform.