Coinbase and Gennius plan to bring ONED USD services to Latin American banks, starting in Argentina. The announced flow lets customers convert eligible deposits in their banking app, transfer funds 24/7, and spend via Visa, but the public announcement does not confirm a participating bank or launch date.

CoinbaseOct 10, 2026, 07:01 UTC

How it is described

Gennius says banks can offer stablecoin payments, custody, and trading through their existing banking platforms, powered by Coinbase. Coinbase says ONED USD is issued through Coinbase Custom Stablecoins. Gennius announcement · Coinbase post

Launch status

Argentina is named as the first market, but the announcement does not name a participating bank or give a launch date. The available sources describe a planned rollout and do not confirm a live deployment. Coinbase post · Gennius announcement

Coinbase announcement · Gennius press room

Ask your own

Case file

Coinbase

Answered Oct 10, 2026, 07:01 UTC

Sources 2

Gennius announcementoned.global
Coinbase postx.com

Research trace 6

Latest posts of @CoinbaseDev
The page app.hyperliquid.xyz
The CoinbaseDev post confirms the announced flow: eligible deposits convert to ONED USD, transfers are available 24/7, and spending is via Visa, with Argentina named as the starting market. Read the linked announcement for further operating and launch details.
The X post confirms the high-level flow, while the page extraction only returned its title and description. Check the announcement's structured page data and independent X discussion for operational details, launch timing, and participating banks.
Clarify what Gennius and Coinbase say the bank service includes, identify any named participating bank, and establish whether the announcement confirms an operational launch or only a planned rollout. Previous X discussion repeats the proposed conversion, 24/7 transfer and Visa flow, but does not independently substantiate a live bank deployment.
The supplied material and Coinbase’s post establish the announced service and its stated starting country. The announcement page describes bank integration, but does not provide participating banks or a launch date; the available sources do not confirm that a bank has launched the service.