Coinbase partners with Moov to provide stablecoin payment capabilities to community banks

Coinbase has partnered with financial services provider Moov to enable US community banks and credit unions to accept, settle, and process real-time stablecoin payments. Coinbase will provide the digital asset infrastructure, while Moov integrates it into existing payment systems. This development occurs ahead of a preliminary vote in the US Senate on the CLARITY Act, a bill aimed at establishing a regulatory framework for digital assets.