Marqeta and Coinbase Launch Stablecoin Payment Card
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AI-assisted source synthesis · not an independent investigation.
On October 16, 2026, Digital Transactions News reported that Marqeta would partner with Coinbase to issue payment cards for business customers. Business customers could provide the cards to consumers, allowing them to spend from their stablecoin balances. Earlier reports said that Coinbase would custody the stablecoin balances and convert the digital assets into fiat currency, Base would handle settlement, and Marqeta would handle card issuance and payment processing. The launch date, regions covered, and types of stablecoins supported had not yet been disclosed. On October 17, PYMNTS reported that the stablecoin payment card program had launched, and that Marqeta business customers could now offer it to users, who could spend their stablecoin balances at merchants that accept bank cards. Subsequent reports said that Base provides the on-chain settlement infrastructure, while Marqeta also handles relationships with banks and card networks.
AI-written from reports · updated 2 days ago
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- PYMNTSSelectedMarqeta and Coinbase launch a stablecoin-enabled payment card solution
Marqeta and Coinbase have partnered to launch a stablecoin-enabled payment card solution, which Marqeta’s enterprise customers can now offer to users. Coinbase is responsible for custody of stablecoin balances and conversion between digital assets and fiat currency, while Base provides the on-chain settlement infrastructure; Marqeta handles card issuance, payment processing, and relationships with banks and card networks. Users can spend their stablecoin balances at merchants that accept bank cards.
- Digital Transactions NewsMarqeta and Coinbase partner to launch stablecoin payment card for business customers
Marqeta will partner with Coinbase to issue a payment card that business customers can provide to consumers to spend their stablecoin balances. Coinbase will custody the stablecoin balances and convert digital assets into fiat currency, Base will handle settlement, and Marqeta will handle card issuance and payment processing.
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