Coinbase and Moov Expand Stablecoin Payments to 1,000 Community Banks

Coinbase and Moov expand stablecoin payment infrastructure to more than 1,000 community banks and credit unions.

Coinbase and Moov are partnering to bring stablecoin payment infrastructure to more than 1,000 community banks and credit unions, giving smaller financial institutions access to digital-asset payment services without having to build separate cryptocurrency systems.

Under the agreement, Moov will integrate Coinbase’s stablecoin infrastructure into its existing payments platform. The services are designed to support consumer payments, According to the announcement, merchant acceptance, settlement, payouts and real-time funding through established banking channels.

Coinbase will provide its Payments API and custodial wallets for stablecoin transfers and customer funds, while Moov will connect those capabilities to payment systems already used by community financial institutions across the United States.

The arrangement is intended to allow participating banks and credit unions to offer stablecoin-related services while maintaining their existing customer relationships.

Ryan VanGrack, a Coinbase executive, said community institutions have seen customers use digital assets for several years. He argued that access to appropriate infrastructure could help smaller banks compete with larger financial companies while maintaining the trust associated with community banking.

Stablecoin Payments Target Faster Settlement and Lower Costs

The partnership is also aimed at businesses that want faster payment settlement and potentially lower transaction costs from their financial providers.

Many merchants seeking to accept stablecoins currently turn to outside platforms because their primary banks do not provide the necessary payment infrastructure. Moov intends to bring those capabilities into the banking relationships businesses already rely on for deposits, credit and other financial services.

Stablecoin payment rails can also operate outside conventional banking hours, including weekends and public holidays. That could provide businesses with additional flexibility when managing payroll, inventory purchases, supplier payments and other routine financial obligations.

Moov Chief Executive Wade Arnold said business customers are increasingly being asked to accept stablecoin payments. However, merchants can move to external providers when their community financial institutions cannot support those transactions.

Jill Castilla, chief executive of Citizens Bank of Edmond, also pointed to growing demand among local businesses. She said merchants are looking for ways to reduce interchange costs while receiving payments more quickly through financial institutions they already trust.

Keeping those payment flows within community institutions could also help preserve deposits that support local lending. Such deposits can contribute to financing equipment purchases, restaurant expansions, new businesses and other economic activity in surrounding communities.

Coinbase Deepens Its Banking Infrastructure Strategy

The Moov partnership expands Coinbase’s efforts to position its technology as financial infrastructure rather than limiting its role to cryptocurrency trading and institutional custody.

Coinbase has increasingly worked with traditional financial institutions that want to incorporate digital assets into existing products and payment services.

The company partnered with PNC in July 2025 to introduce cryptocurrency services for the bank’s customers. Its relationships with Citi and JPMorgan subsequently expanded its involvement in areas including digital payments, stablecoin payouts and banking services.

The Moov agreement extends that strategy to a much larger network of smaller institutions serving regional consumers and businesses.

The initial services covered by the partnership include stablecoin acceptance, settlement, payouts and real-time funding. By integrating those functions into Moov’s existing platform, participating banks and credit unions can access stablecoin infrastructure without developing and maintaining separate cryptocurrency technology.

The arrangement could therefore give community financial institutions a way to respond to demand for stablecoin payments while keeping those services connected to their established banking relationships.

Writer: Marcus Renfield

Crypto Market Analyst & Onchain Writer

Marcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.

He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.