Card Processor Giants Enter Stablecoin Settlement: Marqeta and Coinbase Wire Stablecoin Cards Through Base
Marqeta and Coinbase announced on October 16, 2026, a collaboration to enable stablecoin-backed card payments for Marqeta’s enterprise customers. By embedding Coinbase’s Base-based settlement into Marqeta’s existing issuing and processing platform, the partnership allows businesses to offer stablecoin-backed cards without the heavy lifting of building their own crypto infrastructure. This move signals that the card…