Exchanges· ★★★· bullish·

Marqeta and Coinbase partner to enable stablecoin-backed card payments

  • —Marqeta and Coinbase launch card payments backed by stablecoins
  • —Partnership leverages Coinbase's stablecoin infrastructure for settlement
  • —Move expands stablecoin use in traditional card payments
Why it matters: Bringing stablecoins into card payments broadens their everyday use and steps up competition with traditional payment networks.
Source: Google News (crypto query)