Coinbase announced on September 10, 2026, that it is partnering with payments infrastructure provider Moov to bring stablecoin payments, settlement, custody, and real-time funding to more than 1,000 community banks and credit unions across the United States. The integration allows smaller financial institutions to offer stablecoin services through existing payment rails rather than building separate digital-asset stacks.
Under the arrangement, Moov will use Coinbase Developer Platform’s Custodial Wallet accounts to hold customer funds and its Payments API to manage stablecoin movement. The service is designed to support consumer payments, merchant acceptance, merchant settlement, payouts, and real-time funding. Coinbase supplies digital-asset infrastructure while Moov connects it to payment rails that participating institutions already use.
Moov co-founder and CEO Wade Arnold said business customers of community institutions are already being asked to accept stablecoins, but “today they go outside their institution to do it. We built this so the answer comes from their primary FI instead.” He added that merchants need acceptance and disbursement now, and the larger opportunity is “funding that doesn’t stop for weekends or holidays, because the rail doesn’t close.”
Coinbase CEO Brian Armstrong separately emphasized that stablecoins can enhance the competitiveness of community banks by enabling faster settlements and lower transaction costs. The announcement lands as U.S. lawmakers prepare to vote on crypto market-structure legislation that would set stablecoin rules, intensifying competition among payment providers. The partnership follows similar fintech-infrastructure tie-ups, including BVNK and Marqeta’s stablecoin card network, and extends a broader push alongside MoneyGram’s stablecoin-backed card with Visa spending. For now, the deal is a distribution agreement rather than a guarantee of adoption.
