Coinbase Expands Partnership with Marqeta to Offer Stable‑coin‑Backed Cards
Current overview (not historical)
Coinbase has announced that it will provide stable‑coin‑backed debit cards to customers of payment‑processing platform Marqeta, extending a collaboration that began in 2020 when Marqeta supplied the technology for the Coinbase U.S. debit card. The partnership builds on the existing technical integration between the two companies, allowing Marqeta’s merchant customers to issue cards that can be funded with stable‑coins such as USDC. No public disputes or regulatory restrictions have been reported, and the arrangement is positioned as a straightforward extension of the current technology partnership rather than a new product launch. The move signals Coinbase’s continued push into the stable‑coin payments space and Marqeta’s intent to broaden its card‑issuing capabilities, potentially increasing the adoption of digital‑currency‑backed payment instruments among merchants and consumers alike.
Written with AI from the reporting · updated 10/16/2026
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- 1Unclassified fact stationOct 17, 02:00single sourcereport-time only
Coinbase to power stablecoin-backed cards for Marqeta custom
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- Subject:
- coinbase
- Action:
- to power
- Object:
- stablecoin-backed cards for Marqeta customers
- Occurred (fact side):
- not recorded
- Published (valid side):
- Oct 17, 01:21
- First seen (known side):
- Oct 17, 02:00
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- The BlockRelated fact: single sourceFact occurrence time unverifiedCoinbase partners with Marqeta to power stablecoin-backed cards for customers
Report first recorded Oct 17, 02:00
Coinbase has expanded its partnership with Marqeta to power stablecoin-backed debit cards for Marqeta's customers, building on Marqeta's prior work powering Coinbase's U.S. debit card offering in 2020.
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