According to Foresight News, publicly traded payment platform Marqeta (MQ) and Coinbase have partnered to offer bank cards funded by stablecoin balances for crypto-native and traditional enterprises.
Coinbase handles stablecoin custody and digital-to-fiat conversion on Base, while Marqeta manages card issuance, payment processing, and banking relationships. Cardholders can spend stablecoin balances at merchants globally, and enterprises can issue cards and fund programs 24/7.