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Marqeta and Coinbase Partner on Stablecoin-Backed Card Payments

Marqeta says the collaboration will use Coinbase’s crypto infrastructure to enable stablecoin-backed cards for crypto-native and non-crypto firms.

COINMQ

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12:00:56 PM UTC
SquawkNews
Marqeta expanded its collaboration with Coinbase to enable enterprises to issue stablecoin-backed payment cards, with Coinbase providing custody and conversion and Marqeta handling issuing and processing.Material DetailsContext by AI AnalystThis is a strategic expansion into stablecoin payments, al…