Coinbase Teams With Moov for Stablecoin Expansion

Coinbase has partnered with payments technology firm Moov to bring stablecoin payment infrastructure to smaller US financial institutions. This partnership could give more than 1,000 community banks and credit unions access to faster digital payment capabilities.

The integration combines Coinbase's Payments API and custodial wallet technology with Moov's established payments platform. Participating institutions can support stablecoin payments, merchant acceptance, settlement, and real-time funding.

This partnership expands Coinbase's role beyond cryptocurrency trading and custody. The company has pursued relationships with major financial institutions, including PNC, Citi, and JPMorgan, but this latest deal shifts attention toward smaller institutions.