Coinbase Teams Up with Moov to Bring Stablecoin Services to Thousands of Community Banks

Coinbase has partnered with Moov to connect over 1,000 US community banks and credit unions with stablecoin payments, custody, merchant settlement, and real-time funding. The partnership allows these institutions to offer stablecoin services without building their own blockchain systems.

Coinbase will provide custodial wallets and payment APIs while Moov handles institutional integrations directly nationwide. Supported uses include consumer payments, merchant acceptance, settlements, payouts, and continuous business funding services.

The partnership does not turn participating banks into stablecoin issuers. Instead, it allows them to offer payment and custody services through Coinbase's infrastructure.