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Coinbase and Moov to build stablecoin infrastructure for US banks
The deal is set to extend stablecoin acceptance, settlement, and real-time funding to more than 1,000 community banks and credit unions.
Cointelegraph reports that Coinbase and Moov have teamed up to provide stablecoin infrastructure for US community banks and credit unions.
Under the partnership, participating institutions will be able to use stablecoins for acceptance, settlement, and real-time funding capabilities.
The offering is intended to support more than 1,000 community banks and credit unions, expanding how these lenders can transact with digital dollars.
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