Coinbase and Moov Partner to Offer Stablecoin Services to Over 1,000 US Community Banks
Coinbase and Moov Bring Stablecoin Payments to Community Banks
Coinbase, a cryptocurrency exchange, has partnered with financial platform Moov to provide stablecoin infrastructure to over 1,000 community banks and credit unions in the United States. Stablecoins are digital currencies designed to maintain a stable value, often tied to the US dollar, making them useful for everyday payments.
The partnership, announced on September 10, 2026, aims to offer payment acceptance, settlement, and real-time funding services through stablecoins. This will help community banks serve their customers with modern digital payment options.
Key Aspects of the Collaboration
- The collaboration combines Coinbase’s regulated digital asset infrastructure with Moov’s payments platform.
- It will support use cases such as consumer stablecoin payments, merchant settlement, and business payouts.
- Businesses and merchants will gain access to Coinbase custodial accounts for holding digital assets.
Details from the Coinbase Announcement
The partnership was outlined in a Coinbase blog post, which confirms that the infrastructure will enable community banks to integrate stablecoin services. Community banks in the US typically have less than $10 billion in total assets, according to the source.
Broader Stablecoin Moves in Banking
This development occurs as other US banks explore stablecoin technology. On September 9, 2026, U.S. Bank completed a live cross-border payment using its own USBDC stablecoin on the Stellar blockchain. Additionally, 21 financial institutions, including Bank of America, Citi, and Goldman Sachs, have announced plans to form a company to issue stablecoins, with a US dollar-denominated stablecoin expected in the first half of 2027.
What Has Been Confirmed
The confirmed facts are: Coinbase and Moov are partnering to provide stablecoin infrastructure; the service targets over 1,000 community banks and credit unions; it includes payment acceptance, settlement, and real-time funding; and community banks generally have less than $10 billion in assets.
Why This Matters for Community Banks
Community banks, which serve local areas, will now have access to digital payment technologies through this partnership. This allows them to offer stablecoin-based services, such as accepting payments from customers who use stablecoins, without needing to build the infrastructure themselves.
