Coinbase Expands Partnership with Marqeta to Launch Stablecoin Payment Cards for Corporate Clients
Source:
x.com
According to The Block, Coinbase and issuing platform Marqeta are expanding their existing partnership to launch stablecoin-funded payment cards for enterprise customers. Coinbase will handle asset custody and fiat conversion, Coinbase's Ethereum Layer 2 network Base will manage on-chain settlement, and Marqeta will be responsible for card issuance and transaction processing.