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Marqeta and Coinbase Collaborate to Enable Stablecoin-Backed Card Payments

Summary by Business Wire
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced a collaboration with Coinbase, the leading regulated cryptocurrency exchange, to bring stablecoin-backed cards to both crypto-native and non-crypto firms. Leveraging Coinbase's crypto infrastructure, Marqeta will enable businesses to offer a payment card solution that allows users to tap into the benefits of stablecoins by turning thei…

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Bluefield Daily TelegraphBluefield Daily Telegraph
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Business WireBusiness Wire
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Marqeta and Coinbase Collaborate to Enable Stablecoin-Backed Card Payments

OAKLAND, Calif.--(BUSINESS WIRE)--Oct 16, 2026-

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Crypto BriefingCrypto Briefing

Coinbase, Marqeta expand partnership for stablecoin-backed enterprise cards

The partnership could accelerate blockchain integration in finance, potentially boosting Ethereum's role and price in the crypto ecosystem.

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FX News GroupFX News Group

Marqeta, Coinbase team up to enable stablecoin-backed card payments

Coinbase will power stablecoin-backed cards for Marqeta's enterprise customers, providing custody, fiat conversion, and fast, low-cost settlement on Base, Coinbase’s blockchain.

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Bluefield Daily Telegraph broke the news on Friday, October 16, 2026.
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