Coinbase Stock In Focus As Stablecoin Card Partnership Expands Payments Reach

Marqeta announced a collaboration with Coinbase Global to issue stablecoin-backed payment cards, using Coinbase for custody, fiat conversion, and settlement on Base, while Marqeta handles card issuance, processing, and bank and network relationships. The tie-up effectively plugs Coinbase's stablecoin and blockchain rails into Marqeta's card platform, which could shift more everyday spending onto crypto-linked payment flows and deepen Coinbase's role in digital asset payments infrastructure...