Coinbase and payments infrastructure provider Moov plan to connect stablecoin payment, custody, merchant settlement and real-time funding capabilities to systems used by more than 1,000 U.S. community banks and credit unions. Coinbase will provide Coinbase Developer Platform Custodial Wallet accounts and its Payments API, while Moov will integrate the tools with its existing institutional payment infrastructure. The companies identified consumer payments, merchant acceptance, merchant settlement and business payouts as initial uses. The service is intended to allow participating institutions to offer stablecoin functions without building their own blockchain, custody or payment systems, while continuing to manage customer accounts and relationships. No commercial launch date, pilot banks, supported stablecoins, blockchain networks, payment corridors, pricing or transaction limits were disclosed. Coinbase and Moov also did not specify how compliance, redemptions, losses, frozen transactions or operational failures would be allocated. The partnership does not make participating banks stablecoin issuers; its announced scope covers custody and payment services using shared infrastructure.