# Coinbase, Nu and Circle Move to Own the Plumbing Between Banks and Stablecoins

Circle paid $400 million for Tazapay's emerging-market payment links, Nu entered United States banking through Lead Bank with an interest-bearing USDC account, and Coinbase is supplying the rails while community banks keep the customer.

- Published: 2026-09-14T05:49:22.021Z
- Canonical: https://polylog.news/crypto/2026-09-14/coinbase-nu-and-circle-move-to-own-the-plumbing-between-bank
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/coinbase-gives-community-banks-a-stablecoin-bridge-while-supplying-infrastructure-underneath/), [crypto.news](https://crypto.news/nu-launches-u-s-banking-and-usdc-global-account/), [CoinDesk](https://www.coindesk.com/business/2026/09/13/circle-s-usd400m-tazapay-deal-buys-emerging-market-links-that-take-years-to-build)

Three moves in two days target the same part of the payments stack. Coinbase is offering community banks a stablecoin bridge while supplying the infrastructure beneath it, an arrangement in which the bank keeps the customer relationship and…

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