The Block (@TheBlockCo): THE BLOCK: Coinbase and payments infrastructure provider Moov are partnering to bring stablecoin payment acceptance, settlement, and real-time funding…
Estimated coin impact
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THE BLOCK: Coinbase and payments infrastructure provider Moov are partnering to bring stablecoin payment acceptance, settlement, and real-time funding to more than 1,000 community banks and credit unions. The integration will use Coinbase’s Payments API and custodial wallets to embed stablecoin rails into Moov’s existing payments platform, allowing institutions to offer consumer payments, merchant acceptance, settlement and payouts without building their own crypto infrastructure.