The venture expands a previous partnership between the two firms to move beyond the retail card products that Coinbase offers to its own users. By utilizing stablecoins, enterprises can now fund their spending programs 24/7, bypassing the operational delays associated with traditional banking hours for the movement of capital.
Wednesday, October 21, 2026
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Coinbase and Marqeta Launch Stablecoin Payment Cards for Enterprises
Crypto5 days ago
The onchain settlement of corporate spending will be handled by the Base network under a new agreement between Coinbase and Marqeta. This partnership enables business customers to use payment cards backed by stablecoins to manage expenditures, with Coinbase providing the necessary asset custody and fiat conversion services. Marqeta is responsible for the operational side of the offering, including the issuance and processing of the cards.
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