Marqeta Expands Coinbase Partnership to Offer Stablecoin — Backed Cards

Marqeta expanded its collaboration with Coinbase to enable stablecoin-backed cards for enterprise customers, including crypto-native and non-crypto businesses. Coinbase will handle stablecoin custody and fiat conversion, with settlement on its Base blockchain. The card issuer will provide issuance and payment processing while managing bank and network relationships. Businesses will be able to fund card programs 24/7; cardholders can spend stablecoin balances at millions of merchants globally. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marqeta Inc. published the original content used to generate this news brief via (Ref. ID: 202610160800BIZWIRE_USPR_____20261016_BW304815) on October 16, 2026, and is solely responsible for the information contained therein. (C)