Coinbase Is Pushing to Bring Stablecoins to 1,000 Community Banks. Here's Why Everyone Is Talking About Stablecoins Right Now.

Key Points Coinbase and Moov will bring stablecoins to over 1,000 smaller banks and credit unions. That partnership indicates stablecoins can help smaller banks gain more customers. It could strengthen Coinbase’s case for stablecoins in the CLARITY Act. 10 stocks we like better than Coinbase Global › Coinbase (NASDAQ: COIN) , one of the world's largest cryptocurrency exchanges, recently partnered with Moov, a payments infrastructure provider, to bring stablecoin payments and settlements to more than 1,000 U.S. community banks and credit unions. By integrating Coinbase's digital asset infrastructure into Moov's payments platform, the two companies will enable those financial institutions to accept stablecoins without building their own blockchains.