Coinbase, Moov Offer Stablecoin Rails to U.S. Community Banks

Coinbase and payments platform Moov announced on Sept. 10, 2026 a partnership to deliver stablecoin infrastructure to Moov’s network of more than 1,000 U.S. community banks and credit unions.

The technology will provide stablecoin payment acceptance, on-chain settlement, real-time funding and access to Coinbase custodial accounts for businesses and merchants. The announcement states the infrastructure will support consumer stablecoin payments, merchant settlement and payouts.

Moov serves a network of community banks and credit unions, institutions that typically hold less than $10 billion in assets and include state-chartered banks and savings and loan holding companies. Coinbase will supply regulated custody and settlement services already in use at larger crypto firms, while Moov will provide the payment rails to integrate those services into existing bank systems.

Under the arrangement, banks can settle payments in stablecoins to move funds faster than some traditional channels and provide immediate liquidity to account holders or merchants. Banks will be able to route customer and merchant flows into Coinbase custodial accounts for storage, on-ramps to other fiat and crypto services, and to settle transactions on blockchains that support stablecoins.

Several large U.S. and international banks are testing or planning stablecoin projects. U.S. Bank completed a live cross-border payment this week using its USBDC stablecoin on the Stellar blockchain. A group of 21 financial institutions, including Bank of America, Citi, Goldman Sachs, Deutsche Bank and UBS, announced plans to form a company to issue a dollar-pegged stablecoin in the first half of 2027. Non-bank firms have entered the space as well; in August a money-transfer company launched a digital wallet and Visa-branded card that allow customers to hold and spend a U.S. dollar-backed stablecoin.

Regulatory clarity for banks engaging with crypto assets remains unresolved. Coinbase presents its services as regulated infrastructure. Banks will need to address compliance obligations, custody rules and customer protections as they integrate digital-asset products. Moov’s platform is designed to reduce technical and operational work so institutions can offer stablecoin-related services without building blockchain infrastructure from scratch.

The partnership allows smaller financial institutions to provide stablecoin capabilities without developing their own tokens or blockchain networks.