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Coinbase has partnered with payments provider Moov to bring stablecoin payment acceptance, settlement and real-time funding to more than 1,000 community banks and credit unions, the company said Thursday in an announcement.
Moov will integrate Coinbase’s Payments API and Coinbase Developer Platform Custodial Wallet accounts into its existing payments platform, which serves the 1,000-plus institutions. That lets a bank or credit union add stablecoin services without building its own crypto technology stack. The infrastructure supports consumer payments, merchant acceptance, settlement and payouts, with fully disclosed custodial accounts available for business and merchant payments.
Why it matters for small banks
Community banks in the US typically hold less than $10 billion in total assets, and few have the resources to build crypto infrastructure themselves. The deal hands them stablecoin rails through a provider they already use. Coinbase’s head of corporate affairs, Ryan VanGrack, said community banks and credit unions “have witnessed their customers use digital assets for years.”
VanGrack added that “Modern tech should meet local institutions where they are, giving them the tools to compete with the largest players while preserving what makes them trusted pillars of their communities.”
Jill Castilla, CEO of Citizens Bank of Edmond, an Oklahoma community bank that has operated for 125 years, said her small business customers are looking to lower interchange costs and get paid faster.
The announcement lands amid a wave of bank stablecoin activity. U.S. Bank, the fifth-largest US commercial bank, completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain on Wednesday. Earlier this month, 21 financial institutions, including Bank of America, Citi, Goldman Sachs, Deutsche Bank and UBS, plan to form a company to issue stablecoins, targeting a dollar stablecoin in the first half of 2027.
The partnership follows Coinbase deals with PNC in July 2025, and later with Citi and JPMorgan, moving the exchange from serving banks as a crypto venue toward providing embeddable infrastructure.
Which stablecoins the integration supports, along with pricing and a rollout timeline, was not disclosed.
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