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Coinbase And Marqeta Team Up To Bring Stablecoin Payments To Millions Of Merchants

Published Source: BitcoinistRead original

Crypto Insight Summary: TL;DR: Coinbase and card infrastructure company Marqeta are expanding their work on stablecoin-backed payment cards. The arrangement aims to let businesses build programmes that connect digital-dollar balances to conventional merchant payment networks. Coinbase and Marqeta are making another attempt to close the gap between cryptocurrency wallets and everyday spending. The companies announced expanded cooperation around […] Crypto Insight Analysis: Direction: Bullish COIN / Neutral BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Expands stablecoin utility but limited to Coinbase ecosystem.

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Coinbase And Marqeta Team Up To Bring Stablecoin Payments To Millions Of Merchants — Crypto Insight