Coinbase joins hands with Moov to provide stablecoin payment infrastructure to more than a thousand community banks
On Thursday, Coinbase announced a partnership with payment provider Moov to provide stablecoin payment acceptance, settlement and real-time funding services to more than 1,000 community banks and credit cooperatives.
In this cooperation, Moov integrated Coinbase's Payments API and Coinbase Developer Platform managed wallet accounts into its existing payment platform, which currently serves more than a thousand financial institutions. This move allows banks or credit unions to easily add stablecoin services without building their own complex cryptocurrency technology stacks. The infrastructure supports consumer payments, merchant acceptance, settlement and payouts, and provides fully disclosed escrow accounts for commercial and merchant payments.
Why this is crucial for small banks
U.S. community banks typically have total assets of less than US$10 billion, and few institutions have the resources to build their own cryptocurrency infrastructure. This cooperation provides an infrastructure channel for delivering stablecoins directly to these banks through their existing service providers.
Ryan VanGrack, head of corporate affairs at Coinbase, said community banks and credit unions have "witnessed customers using digital assets for years." He added: "Modern technology should adapt to local institutions and give them the tools to compete with industry giants while retaining its unique value as a pillar of community trust."
Jill Castilla, CEO of Citizens Bank of Edmond, a 125-year-old community bank in Oklahoma, points out that her small and micro business customers are looking to reduce exchange fees and speed up collection.
Industry Background and Market Trends
This announcement comes at a time when a wave of stablecoin activity in the banking industry. On Wednesday, U.S. Bank, the fifth-largest commercial bank in the United States, completed a real-world cross-border payment test based on the Stellar blockchain and its proprietary stablecoin USBDC. In addition, earlier this month, 21 financial institutions including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank and UBS planned to form a new company to issue stablecoins, with the goal of launching U.S. dollar stablecoins in the first half of 2027.
This partnership follows Coinbase's July 2025 deal with PNC and subsequent partnerships with Citigroup and JPMorgan Chase. This shows that Coinbase is moving from being just a crypto trading venue for banks to providing embeddable Infrastructure services.
Currently, both parties have not disclosed the specific types of stablecoins, pricing strategies and promotion timetable supported by this integration.

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