Coinbase Expands Stablecoin Payments Globally with Nium
Coinbase has partnered with Nium to enable USD Coin (USDC) payments and fiat payouts across over 190 countries, aiming to streamline cross-border transactions. The integration allows clients to use USDC for cross-border transfers, which can be settled in either USDC or local fiat currency, reducing the need for prefunded accounts. This move highlights the growing role of stablecoins in mainstream financial systems.
Tickers: $COIN
Topics: Coinbase cross-border payments financial infrastructure Nium stablecoin USDC