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Coinbase Expands Stablecoin Payments to U.S. Banks via Base Network

5 reports, 2 independent Updated Sep 11

Gone quiet

Reports: 5
Developments: 4
Repetition: 60%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Coinbase, a cryptocurrency exchange, utilizes its Base Layer-2 network built on Ethereum and shares revenue with Circle in the USDC ecosystem. Coinbase recently partnered with Moov, a payments infrastructure provider, to enable stablecoin payments and settlements at more than 1,000 U.S. community banks and credit unions. The company is also using its Base network for various Agentic Finance applications.

From yahoo.com, manilatimes.net

Why it matters

Some supportBrind's analysis of the reports

Stablecoins, which are pegged to fiat currencies like the U.S. dollar, enable faster and cheaper money transfers compared to traditional fiat currencies. These stablecoins can also be deposited in lending platforms to earn higher yields than standard bank accounts. The impact of the upcoming CLARITY Act on these plans is also being discussed.

From yahoo.com

Who's involved

CoinbaseOperates a cryptocurrency exchange platform and utilizes the Base network.
CirclePeer-to-peer payments technology company that partners with Coinbase on the USDC ecosystem.
BaseCoinbase's proprietary Layer-2 blockchain infrastructure built on Ethereum.
EthereumPublic blockchain platform that serves as the foundation for the Base network.

How it developed

Newest first. Tap a step to see who reported it.

Jul 27Coinbase is utilizing its Base blockchain network for Agentic Finance applications, leveraging the USDC stablecoin.Sub-event
Jun 30The Clarity Act is impacting the operational framework of Coinbase and Circle.Sub-event
Jun 26Coinbase operates on Base (Ethereum L2) and is listed on Nasdaq.1 source
- yahoo.com
Jun 15Coinbase leverages Ethereum for its L2 network and partners with Circle on revenue sharing in the USDC ecosystem.1 source
- yahoo.com

Keep exploring

The entities involved

Coinbase
American company that operates a cryptocurrency exchange platform
- Central Bank of Ireland fined Coinbase for oversight failures related to its operations in Ireland.04:50
- The Senate failed to vote through the CLARITY Act, while regulatory regimes in Europe are already in effect, impacting Coinbase.Sat 14:00
Ethereum
public blockchain platform with programmable transaction functionality
- BlackRock's iShares Ethereum Trust drove most withdrawals on October 24, 2026.Sat 18:07
- The Clarity Act vote provides regulatory clarity, defining SEC responsibilities while Ethereum shows resilience despite hawkish monetary policy.Sat 15:22
Circle
peer-to-peer payments technology company
- Circle contracted for case management services and announced next steps for program replacement.Sat 03:59
- Circle shares are traded on the NYSE, while Binance has taken a $100M stake in Circle and receives monthly incentives for USDC promotion.Fri 11:59
Base
watercourse in Rwanda
- Coinbase announced its listing on Nasdaq, expanded its use of the Base blockchain for settlement, and is deepening its partnership with Marqeta.Tue 01:39
- JPMorgan Chase expanded its JPM Coin from the Base network to the Ethereum network.Mon 15:25

Related events

Coverage

Newest first; wire copies grouped

Sep 11yahoo.com
Aug 17manilatimes.net
Jul 30yahoo.com
Jun 26yahoo.com
Jun 15yahoo.com