---
title: Coinbase to power stablecoin-backed cards for Marqeta customers
url: >-
  https://www.cryptocatalyst.news/articles/2026-10-17-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-10-17-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers
date: '2026-10-17T12:10:32.959993+00:00'
category: defi
tags:
  - coinbase
  - marqeta
  - stablecoins
  - payments
source: The Block
source_url: >-
  https://www.theblock.co/news/business/2026-10-16-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers-418833
publisher: CryptoCatalyst
summary: >-
  Coinbase expands its Marqeta partnership to power stablecoin-backed cards for
  Marqeta customers, building on their work for Coinbase's U.S. debit card in
  2020.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-10-17-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers.webp
generated_by: automated editorial pipeline
---
# Coinbase to power stablecoin-backed cards for Marqeta customers

Coinbase will provide infrastructure for stablecoin-backed cards offered to Marqeta customers, expanding a partnership that previously supported Coinbase's U.S. debit card in 2020. The announcement signals a move from a card built for Coinbase users toward enabling other Marqeta clients to offer similar ways to spend stablecoin balances.

## Key takeaways

- Coinbase will power stablecoin-backed cards for Marqeta customers.
- The expanded partnership builds on work supporting Coinbase's U.S. debit card offering in 2020.
- The announcement does not name launching Marqeta customers, supported stablecoins, fees, or availability dates.

Coinbase is expanding its partnership with card-issuing platform Marqeta to power stablecoin-backed cards for Marqeta customers. The companies previously worked together on Coinbase's U.S. debit card offering in 2020.

The announcement points to a broader use of Coinbase's payment infrastructure: Marqeta customers may be able to offer cards that let people spend value backed by stablecoins, digital tokens designed to track currencies such as the U.S. dollar.

## What does Coinbase's Marqeta partnership add?

The earlier collaboration supported Coinbase's own U.S. debit card. The expanded arrangement brings stablecoin-backed card capabilities to Marqeta's customers, though the supplied announcement does not specify which customers will launch cards, when they will be available, or which stablecoins they will use.

For cardholders, the intended idea is familiar: use a payment card for purchases while stablecoin value supports the spending. The announcement does not provide details on conversion, fees, custody, or how transactions will be settled, so those terms will depend on the specific card program.

## Why might stablecoin cards matter to users?

A card can make stablecoin balances easier to use for ordinary purchases without requiring each merchant to accept crypto directly. This is a different route to everyday use than the [stablecoin-backed Visa card MoneyGram introduced in Colombia](/articles/2026-09-12-moneygram-launches-first-stablecoin-backed-visa-card-in-colombia): Coinbase and Marqeta are positioning infrastructure for Marqeta customers, rather than announcing one named consumer card launch.

The practical next step is to watch for individual Marqeta customers to announce products and disclose their supported stablecoins, fees, and availability. Until then, the partnership signals capacity, not a card that every Marqeta customer—or every Coinbase user—can already apply for.

## FAQ

### What is Coinbase doing with Marqeta?

Coinbase is expanding its partnership with Marqeta to provide infrastructure for stablecoin-backed cards offered by Marqeta customers.

### Can I get a stablecoin card through Marqeta now?

The announcement does not identify specific customers launching cards or give an availability date. Individual Marqeta customers would need to announce their products.

### What did Coinbase and Marqeta work on before?

Their earlier collaboration supported Coinbase's U.S. debit card offering in 2020.

## Source

This article is a summary of reporting by [The Block](https://www.theblock.co/news/business/2026-10-16-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers-418833), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Coinbase to power stablecoin-backed cards for Marqeta customers", 2026-10-17, https://www.cryptocatalyst.news/articles/2026-10-17-coinbase-to-power-stablecoin-backed-cards-for-marqeta-customers