- MassPay and Coinbase partnered to offer stablecoin-based cross-border payouts across 180 countries.
- The new system reduces customer costs by 40%-70% and enables near-instant settlement versus traditional payment rails.
- The partnership is part of a wider trend, with Stripe and Circle also expanding stablecoin infrastructure for global payments.
- Coinbase provides wallet and custody infrastructure, while MassPay handles last-mile payouts and compliance checks.
Cross-border payout platform MassPay and cryptocurrency exchange Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts. The collaboration connects MassPay’s extensive network with Coinbase’s crypto infrastructure for moving between fiat and digital assets.
MassPay CEO Ran Grushkowsky told Cointelegraph the company expects the new rails to support nine-figure payouts in the first year. However, he noted stablecoins still represent a small slice of the company’s current transaction volume.
Clients using the system have seen costs fall by about 40% to 70% versus international wires. Consequently, settlement is now near instant instead of taking days on traditional payment rails.
Under the partnership, Coinbase provides wallet infrastructure, custody, and onchain settlement. Meanwhile, MassPay orchestrates last-mile payouts over various channels like bank transfer and mobile wallets.
The companies split compliance responsibilities, with Coinbase providing regulated custodial infrastructure. MassPay, conversely, handles know-your-customer checks and sanctions screening across its network.
This partnership adds to a broader trend of established financial providers embracing stablecoins. Other large payments players are also building stablecoin-based infrastructure for cross-border flows.
For example, Stripe acquired Bridge in February 2025 to scale stablecoins for businesses. The company expects this infrastructure to play a critical role in accelerating cross-border commerce.
Circle, meanwhile, announced its Circle Payments Network in April 2025. This network aims to connect financial institutions for real-time settlement using USDC and other regulated stablecoins.
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