Sumner Crystal sold $20K of MQ

Stablecoin payments surged 45% to $482B in 2026's first nine months, with transaction counts up 71%, while supply grew only 0.4%, according to Allium. Visa, Mastercard, and Stripe expanded stablecoin integration. Visa's Inyo Global partnership enables 24/7 stablecoin prefunding for payouts. Mastercard's Global Money Platform combines fiat and stablecoin balances. Stripe's Plasma cards support multi-currency and stablecoin balances.

Marqeta and Coinbase expanded their partnership to enable companies to offer payment cards funded with stablecoins. Coinbase will handle custody and conversions, while Marqeta manages issuance and processing. The integration uses Coinbase’s Base network for efficient settlements, aiming to simplify global stablecoin spending. The companies plan to expand this solution internationally.

Coinbase and Marqeta are partnering to launch payment cards funded by stablecoins. Coinbase will handle custody and currency conversion, while Marqeta manages card issuance and payment processing. The service aims to enable businesses to offer crypto-linked spending without building their own infrastructure. Details on supported stablecoins, fees, and launch date are not yet disclosed.

Marqeta (MQ) announced a partnership with Coinbase (COIN) to enable stablecoin-backed cards for its enterprise customers. Coinbase will handle stablecoin custody and fiat conversion, while Marqeta manages card issuance and processing. Marqeta processed $400B in annual payments in 2025. Details on pricing, launch date, and supported stablecoins were not disclosed.

Coinbase (COIN) fell 3% despite announcing a partnership with Marqeta (MQ) to offer stablecoin-backed cards. Coinbase will handle custody and conversions, while Marqeta manages card issuance and processing. COIN stock dropped below key moving averages, with support at $168-$170.

Marqeta (MQ) and Coinbase (COIN) collaborated to enable stablecoin-backed card payments, leveraging Coinbase's crypto infrastructure and Marqeta's card issuance platform. The partnership allows businesses to offer cards that convert stablecoin balances into everyday spending, with Coinbase handling custody and conversion, and Marqeta managing card issuance and processing.