Overview
- An integration announced Tuesday by Nium and Coinbase is live, letting Nium clients fund cross-border payouts with the USDC stablecoin.
- Coinbase supplies regulated custody, wallet infrastructure, and liquidity, while Nium routes payouts to more than 190 countries under over 40 licenses.
- Businesses can settle in USDC or convert to local currency, drawing on support for 100-plus currencies and real-time transfers in more than 100 corridors.
- Clients holding stablecoin balances can launch USDC-backed card programs on Visa and Mastercard that convert to fiat at the point of sale.
- USDC, a dollar-pegged token backed by cash and short-term Treasuries, is gaining use in cross-border payments as recent partnerships and Q1 growth push it further into mainstream rails.