Coinbase and Gennius plan ONED USD stablecoin access through Latin American banks

The Argentina-first program would let bank customers convert eligible deposits into a USDC-backed stablecoin and spend it with Visa cards Coinbase wants to get into Latin American banking. It is not opening branches. It is borrowing someone else’s. On October 8, 2026, Coinbase announced a partnership with fintech firm Gennius (Gennius XYZ) to bring the ONED USD stablecoin and a bundle of digital asset services to banks across Latin America. Argentina comes first. Other Latin American and Caribbean markets are planned to follow. The pitch to banks is simple.

Also reported by The Defiant.

Source: Crypto Briefing