Marqeta and Coinbase team up for stablecoin-backed card payments

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Marqeta and Coinbase Collaborate to Enable Stablecoin-Backed Card Payments

October 16, 2026 8:00 AM EDT

NEWS HIGHLIGHTS:

The collaboration will expand Marqetas relationship with Coinbase, integrating with Coinbases stablecoin infrastructure so Marqeta customers can offer stablecoin-backed cards that allow users to turn stablecoin holdings into everyday spending power. Coinbase will power stablecoin-backed cards for Marqeta's enterprise customers, providing custody, fiat conversion, and fast, low-cost settlement on Base, Coinbases blockchain. Through this collaboration, Marqeta will strengthen its ability to provide its customers a single platform for delivering end-to-end payment offerings that unlock meaningful value across both fiat and digital asset markets.

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