Coinbase has partnered with Nium to facilitate global payments using USD Coin (USDC), significantly expanding the use of stablecoins in cross-border transactions. This collaboration allows Nium's clients to fund payouts in USDC and settle in local currencies across its network in over 190 countries. The integration aims to streamline international money movement by leveraging Coinbase's stablecoin payment APIs, providing a unified platform for stablecoin and fiat transactions.
The partnership addresses growing enterprise demand for digital asset-based payment solutions, offering faster settlement times and greater transaction visibility compared to traditional banking systems. Nium's integration with Coinbase is now live, enabling businesses to send and receive stablecoins and convert them to fiat, while maintaining compliance with regulatory standards across jurisdictions.
Coinbase and Nium Partner to Expand USDC Payouts to Over 190 Countries
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