Coinbase Partners With Moov for Community Banks

Coinbase Global has formed a partnership with Moov to bring stablecoin custody, payments, and settlement infrastructure to community banks and credit unions. Coinbase will provide the underlying crypto infrastructure, while Moov supplies the payments and banking integration layer to connect directly with existing banking workflows.

The agreement supports the strategy of Coinbase to center stablecoins, particularly USDC, in its transition from a digital asset trading venue to a broader financial infrastructure provider. The company expects this push to generate recurring infrastructure revenue and deepen relationships with traditional financial institutions.

Shares of Coinbase have declined 22.5% year to date, lagging its industry peer group. The stock currently trades at a price-to-earnings ratio of 82.52, compared to an industry average of 16.24. Meanwhile, Zacks Investment Research notes that consensus estimates for 2026 revenues and earnings project annual decreases, while expectations for 2027 point to year-over-year increases.