Coinbase to Power Stablecoin Cards for Marqeta Clients

Coinbase is set to power stablecoin-backed cards for Marqeta's customers, building on the infrastructure partnership that launched Coinbase's debit card in 2020.

If stablecoin-backed cards become standard across Marqeta's network, what happens to the line between a crypto wallet and a traditional bank account? Card issuers, regulators, and everyday users may need new answers as stablecoin settlement moves from a niche crypto product into mainstream payment infrastructure, used by millions of cardholders across many countries and currencies. That question matters for anyone who uses a card to spend digital assets, and for regulators deciding how to treat these products.

https://www.bonuz.xyz/en/blog/coinbase-marqeta-stablecoin-cards