Coinbase Partners with Moov on Stablecoin Payment Infrastructure
Coinbase and Moov Partner to Bring Stablecoin Payment Infrastructure to Community Banks
The partnership aims to bring stablecoin payment acceptance, settlement, and real-time funding to over 1,000 community banks and credit unions in the US.
This integration will use Coinbase's Payments API and custodial wallets to embed stablecoin rails into Moov's existing payments platform.
Citizens Bank of Edmond CEO Jill Castilla noted that small business customers are looking for ways to lower interchange costs and get paid faster.