Coinbase is Going Global With Stablecoin Payments
BeInCrypto
Coinbase and Nium have partnered to enable USDC-based cross-border payments and fiat payouts across more than 190 countries.Summary
Coinbase has teamed up with global payments firm Nium to integrate USDC stablecoin settlements into cross-border payment flows for over 190 countries. By utilizing Coinbase’s regulated custody and liquidity services, Nium’s enterprise clients can now fund payouts in USDC and settle in local fiat currencies, effectively bypassing the delays associated with traditional correspondent banking. This partnership aims to streamline international money movement by providing "just-in-time" liquidity and expanding stablecoin utility to card programs worldwide.
(Source：BeInCrypto)