STABLECOINS | Global Payments Firm, Nium, Partners with Coinbase, to Integrate USDC into its Global Payments Network

Singapore-based payments firm, Nium, has partnered with U.S. crypto exchange, Coinbase, to integrate the USDC stablecoin into its global payments network, aiming to cut the cost of cross-border transactions by eliminating the need for prefunded accounts.

The integration allows Nium’s clients to send, receive and settle payments in USDC or convert them into local currencies across more than 190 countries, the companies said.

Traditionally, cross-border payment providers must hold funds in multiple jurisdictions in advance to facilitate payouts, tying up capital. Nium said the new system enables “just-in-time” settlement where funds are deployed only when transactions occur, reducing liquidity costs.

Under the partnership, Coinbase will provide the underlying infrastructure, including

• custody,
• wallet services and
• liquidity,

allowing businesses to manage stablecoin payments and fiat conversions within a single platform.

The companies said the setup also enables firms to fund payouts in USDC while recipients receive local currency, bridging digital assets with traditional payment rails.

Nium added that the integration could support broader use cases, such as stablecoin-linked card programs, enabling businesses to spend digital dollar balances across global merchant networks.

The move comes as financial institutions increasingly explore regulated stablecoins as a way to improve the speed and efficiency of cross-border payments while reducing reliance on capital-intensive prefunding models.

Stay tuned to BitKE for updates into stablecoins markets developments.

Join our WhatsApp channel here.

Follow us on X for the latest posts and updates

Join and interact with our Telegram community

________________________________________________