Coinbase and Moov Team to Help Community Banks Embrace Stablecoins

Coinbase has teamed with payments platform Moov to offer stablecoin capabilities to community banks.

The partnership, announced Thursday (Sept. 10), aims to add acceptance, settlement and real-time funding, built directly into the systems the banks already use.

“Community banks and credit unions have witnessed their customers use digital assets for years,” Ryan VanGrack, vice chair and head of corporate affairs at Coinbase, said in a news release.

“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.”

The partnership will see Moov integrate Coinbase’s stablecoin payments infrastructure into its payments platform, offering financial institutions a way to add stablecoin capabilities without creating a separate crypto technology stack, the release said.

The infrastructure will support things like consumer stablecoin payments, merchant acceptance, merchant settlement, and payouts. For business and merchant-related payments, Moov will also employ Coinbase’s fully disclosed custodial accounts, the companies said.

“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,” the release added. “That makes stablecoin capabilities accessible to institutions that aren’t going to build and operate an entirely new technology stack themselves.”

Research by PYMNTS Intelligence has found that credit union members’ awareness of stablecoins remains limited, with many consumers placing both these digital assets and other cryptocurrency in the same mental bucket.

“The Wallet Effect: How Credit Unions Can Close the Digital Currency Access Gap,” a June 2026 Credit Union Tracker from PYMNTS Intelligence and Velera, found rising interest in digital currency among younger consumers, and a limited grasp on how various digital assets work.

“For credit unions, that gap creates a chance to educate members and introduce services through trusted channels rather than rushing into complex offerings,” PYMNTS wrote.

The research found that 31% of millennials express strong interest in using cryptocurrency for payments, with 28% saying the same about stablecoins. Meanwhile, 94% of baby boomers and seniors had little to no interest in stablecoin payments, versus 92% for cryptocurrency as a whole.

“The results suggest stablecoins have not established a separate identity with most consumers,” the report said. “Crypto has gained broad recognition through years of media coverage and app-based investing. Stablecoins remain less familiar, so consumers often carry over assumptions about crypto, including concerns about volatility.”