Nium taps Coinbase to bring USDC payments and fiat payouts to 190 countries
Summary
Global payments infrastructure company Nium has partnered with Coinbase to integrate USDC stablecoin payments into its platform. This collaboration enables Nium’s clients to fund transfers using USDC, settle in fiat or stablecoins, and distribute payouts across 190 countries. By utilizing Coinbase’s liquidity and custody infrastructure, Nium aims to reduce the need for prefunded capital by providing more efficient, just-in-time liquidity. Additionally, the partnership allows businesses to launch USDC-backed card programs, further embedding stablecoins into everyday financial operations and cross-border payment flows.
(Source:Crypto Briefing)