# Coinbase and Major Networks Expand Stablecoin Payment Infrastructure

**Published:** 2026-06-11T21:10:29.726Z  
**Topic:** MassPay taps Coinbase to expand stablecoin payouts  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/5b874ca1-e2da-4775-bb9f-1bf7f2044f8c

Coinbase and major payment networks like Mastercard and Visa are building new infrastructure to integrate stablecoins into global financial systems.

Major payment networks and infrastructure providers are accelerating their integration of stablecoins into global financial systems, with Coinbase evaluating participation in a new joint stablecoin platform alongside Stripe, Visa, and Mastercard [1]. This shift follows a period of significant industry investment, including Stripe’s $1.1 billion acquisition of Bridge and Mastercard’s purchase of BVNK [1, 3].

**Key takeaways**
* Coinbase is currently evaluating whether to join a joint stablecoin platform being developed by Stripe, Visa, and Mastercard [1].
* Mastercard has announced plans to support multiple regulated digital dollars, including USDC, PYUSD, and USDG [1].
* Coinbase has expanded its strategy to include reserve management, recently investing in ProShares’ IQMM ETF to align with GENIUS Act requirements [2].
* While stablecoins currently represent less than 1% of global cross-border payment volume, the total addressable market is estimated at over $17.9 trillion [3].

## Building the Full Stack for Digital Assets
The push toward stablecoin adoption involves more than just payment processing; companies are now focusing on the underlying infrastructure required for reserve management and settlement [2]. Coinbase is positioning itself to provide a "full stack" of services, ranging from developer tools and distribution to the management of assets backing stablecoins [2]. By investing in ProShares’ IQMM ETF, which holds short-term U.S. Treasuries, Coinbase aims to support the liquidity and reserve standards mandated by the GENIUS Act [2].

Simultaneously, traditional payment giants are vertically integrating blockchain solutions to bridge the gap between fiat and digital currencies [3]. Mastercard’s acquisition of BVNK is intended to integrate blockchain-based settlement into the Mastercard Move network, aiming to make the transition between fiat and digital assets seamless [3]. These developments are occurring as corporate compliance officers become increasingly comfortable with stablecoin technology, though businesses remain cautious about holding digital assets directly on their balance sheets [3].

## Why it matters
The industry is moving from theoretical discussions toward practical implementation, driven by the need for faster, around-the-clock settlement in cross-border B2B payments [2, 3]. While the GENIUS Act provides a regulatory framework that encourages the use of high-quality liquid assets for reserves, the path forward remains tied to ongoing legislative efforts like the Clarity Act [2, 3]. As Coinbase and its peers continue to build out these rails, the focus remains on mitigating reputational and compliance risks to ensure stablecoins can function as a reliable component of mainstream financial infrastructure [2, 3].

## Sources
1. Crypto Briefing — [Stripe, Visa and Mastercard are close to launching a joint stablecoin platform: Report](https://cryptobriefing.com/stripe-visa-and-mastercard-close-launching-joint-stablecoin-platform/)
2. Crypto Briefing — [Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF](https://cryptobriefing.com/coinbase-stablecoin-investment-expansion/)
3. Forbes — [Stablecoin Cross-Border Payments In 2026: From Theory To Practice](https://www.forbes.com/sites/danielwebber/2026/03/30/stablecoin-cross-border-payments-in-2026-from-theory-to-practice/)

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Cite as: TrendWatcher, "Coinbase and Major Networks Expand Stablecoin Payment Infrastructure", https://www.trendwatcher.in/article/5b874ca1-e2da-4775-bb9f-1bf7f2044f8c