Coinbase brings stablecoin payments and custody to community banks and credit unions, in partnership with Moov

For too long, the debate around stablecoins has treated community banks and digital assets as if one has to lose for the other to win. We don't think that's true. Community banks and credit unions, serving millions of customers, shouldn't have to sit on the sidelines as new financial infrastructure takes shape. And they shouldn't have to become crypto companies to participate in it. They should have access to the infrastructure and regulatory clarity that lets them offer their customers new ways to move money while continuing to own the customer relationship.

That changes today.

Coinbase and Moov are partnering to give community banks stablecoin capabilities: acceptance, settlement, and real-time funding, built directly into the core systems these banks already use. 

Moov provides payments infrastructure to a growing customer base of more than 1,000 community banks and credit unions across the country, connecting them to card acquiring and issuing, and real-time payment rails. 

Through this partnership, Moov is integrating Coinbase's stablecoin payments infrastructure into its existing payments platform, giving financial institutions a path to add stablecoin capabilities without building a separate crypto technology stack from scratch. Using CDP's Custodial Wallet accounts for fund custody and the Payments API to orchestrate stablecoin movement, Moov can embed crypto rails directly into its existing product. 

The infrastructure will support use cases including consumer stablecoin payments, merchant acceptance, merchant settlement, and payouts. For business and merchant-related payments, Moov will also use Coinbase's fully disclosed custodial accounts.

The division of labor is straightforward: Coinbase provides the regulated digital asset infrastructure, while Moov connects those capabilities to the payments infrastructure financial institutions and their customers already use. That makes stablecoin capabilities accessible to institutions that aren't going to build and operate an entirely new technology stack themselves.

“Community banks and credit unions have witnessed their customers use digital assets for years. Through our partnership with Moov, Coinbase is delivering the regulated infrastructure they need to offer these services directly—embedded right into their existing systems. 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.”
— Ryan VanGrack, Vice Chair and Head of Corporate Affairs, Coinbase

“Business customers of community institutions are already being asked to accept stablecoins, and today they go outside their institution to do it. We built this so the answer comes from their primary FI instead. Merchants need acceptance and disbursement now. What comes next is bigger: funding that doesn't stop for weekends or holidays, because the rail doesn't close. Institutions that add this now will be positioned for both.”
— Wade Arnold, Co-Founder and CEO, Moov

“Citizens Bank of Edmond has spent 125 years listening to Main Street businesses. Community banks like ours innovate by solving the problems we hear in our lobby. At Citizens, we've built patented ATM technology, launched festivals and business incubators, and developed systems for small business support in national crises. Today, our small business customers are looking for ways to lower interchange costs and get paid faster.” 
— Jill Castilla, Chairman, President, & CEO, Citizens Bank

The partnership between Coinbase and Moov will bring community banks the technology to stay relevant with Main Street while providing small businesses the opportunity to compete with the largest. Keeping those dollars connected to community banks matters because local deposits become the next equipment purchase, restaurant expansion, or new venture.

Digital asset activity is already happening among customers of community banks and credit unions. The question is whether these institutions will have the tools to participate in that activity or watch more of it happen outside the financial relationships they have spent decades building.

Community financial institutions have navigated technology shifts like this before. They don't build every payment network or connection themselves. They partner with infrastructure providers that give them access to new capabilities while allowing them to focus on what actually differentiates them: knowing their customers, serving their communities, and providing the financial products those customers need.

Stablecoins can follow the same model.

The opportunity isn't simply to give community institutions another payment rail. It's to make sure they have a meaningful role as digital assets become part of the broader financial system.

By combining Coinbase's digital asset infrastructure with Moov's existing payments platform, institutions can add a new way to move money without having to build and operate the underlying infrastructure themselves.

The next era of financial infrastructure shouldn't be reserved for the largest banks or crypto-native companies.

Stablecoins are a natural next step in the work Moov is already doing to bring more payment options to community and regional financial institutions. By adding Coinbase’s stablecoin capabilities to Moov’s existing payments platform and integrations, these institutions can offer their customers new ways to move money without having to overhaul the banking technology they already use.

Community banks and credit unions collectively serve millions of consumers and businesses and play an essential role in lending to local communities. As policymakers establish durable rules for digital assets, these institutions should have the opportunity to participate in the market those rules create.

This partnership shows what that participation can look like in practice: regulated digital asset infrastructure from Coinbase, integrated into a payments platform already serving community financial institutions across the country.

Acceptance, settlement, and real-time funding are the starting point. Over time, Coinbase and Moov see opportunities to explore how digital assets could connect to more of the financial products community institutions already provide, while keeping those institutions at the center of the customer relationship.

We're just getting started. To learn more about the infrastructure Coinbase is building to help power the future of finance, click here.