Coinbase Partners With Major U.S. Banks on Stablecoin and Crypto Pilots
Coinbase announced it is working with several major U.S. banks on stablecoin initiatives and pilot programs for crypto services, a development CEO Brian Armstrong described as banks “leaning into this as an opportunity.” While details on partner names and timelines remain limited, the effort appears aimed at building interoperable rails for payments, custody and tokenized dollar use cases.
The collaboration matters because bank involvement can accelerate institutional access, liquidity and mainstream use of tokenized assets while nudging the industry toward clearer operational standards. At the same time, closer ties between exchanges and banks will likely invite greater regulatory scrutiny and require robust risk controls. For market participants, the pilots signal a quiet but meaningful shift: traditional finance is increasingly experimenting with crypto infrastructure, even as policymakers watch closely.