Coinbase and payments infrastructure provider Moov announced on Sept. 10 a partnership to bring stablecoin payments, settlement, custody and real-time funding to more than 1,000 community banks and credit unions across the United States. Moov will use Coinbase Developer Platform Custodial Wallet accounts to hold customer funds and Coinbase’s Payments API to manage stablecoin transfers through payment systems participating institutions already operate. The arrangement is intended to let smaller financial institutions offer stablecoin services without building separate digital-asset infrastructure. Use cases include consumer payments, merchant acceptance, merchant settlement, payouts and real-time funding. Moov co-founder and CEO Wade Arnold said businesses are already being asked to accept stablecoins and that the partnership is designed to keep those services within their primary financial institutions. The deal expands competition to embed stablecoins in everyday finance, although the number of institutions ultimately adopting the service remains unconfirmed. Coinbase, listed on Nasdaq under COIN, is positioning its stablecoin rails for Main Street financial institutions as U.S. lawmakers prepare to vote on crypto market-structure legislation.