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MassPay taps Coinbase to expand stablecoin payouts

MassPay announced a partnership with Coinbase to expand USDC-powered cross-border payout rails, aiming to reduce costs and accelerate settlement for businesses sending money globally. The integration links MassPay’s network across 180 countries with Coinbase’s crypto infrastructure, enabling movement between fiat, USDC and other digital assets. MassPay said early users have seen payout costs fall by roughly 40% to 70% versus international wires, with settlement becoming near-instant instead of taking days. The company expects the new rails to support nine-figure payout volumes in the first year. The deal highlights growing adoption of stablecoin-based payment infrastructure by established financial and payments firms, following similar moves by Stripe and Circle. Market impact is broadly positive for crypto payment adoption and utility, with Coinbase strengthening its role as a regulated infrastructure provider in the stablecoin economy.

Category

Bitcoin

Sentiment

Bullish

Event

Partnership

Reading time

1 min