More than 1,000 U.S. community banks and credit unions will be able to accept payments, settle transactions, and provide real-time funding using stablecoins.
U.S. cryptocurrency exchange and digital asset infrastructure provider Coinbase announced a partnership with payments platform Moov to integrate stablecoin transactions into systems already used by community banks and credit unions.
Moov provides more than 1,000 community banks and credit unions across the U.S. with infrastructure for card acquiring and card issuance, as well as access to instant payment systems.
As part of the partnership, Moov will integrate Coinbase’s stablecoin payment infrastructure directly into its platform. This will allow banks to offer these services without building their own technology for digital assets. Coinbase will provide the regulated digital asset infrastructure, while Moov will connect it to financial institutions’ existing payment systems.
The integration will support several core types of stablecoin transactions:
- customer payments;
- merchant acceptance;
- merchant settlements;
- payouts;
- real-time funding.
Moov will use custodial wallets from Coinbase Developer Platform (CDP) to hold funds and Coinbase’s Payments API to manage stablecoin transfers. For business and merchant payments, Moov will also use Coinbase custodial accounts that identify the ultimate owners of the funds.
Initially, the partnership between Coinbase and Moov will focus on stablecoin acceptance, settlements, and real-time funding. The companies later plan to explore integrating digital assets with other financial products offered by community banks and credit unions.
Moov co-founder and CEO Wade Arnold said corporate customers of smaller banks were increasingly requesting the ability to make payments using digital assets. At present, however, banks have to rely on third-party service providers to support these transactions. The new infrastructure will allow customers to conduct these transactions through their primary financial institution.
In 2025, Coinbase applied to the U.S. Office of the Comptroller of the Currency (OCC) for a National Trust Company Charter, which would allow the crypto exchange to significantly expand the range of services it offers in the U.S. Since then, the company has actively expanded its institutional crypto services, integrated stablecoins into corporate settlements, used them for insurance payments, provided financial institutions with access to regulated digital asset infrastructure, and enabled the issuance of corporate stablecoins with a fixed supply.
