MassPay has partnered with Coinbase to expand its stablecoin cross-border payment services, integrating the US-based exchange’s crypto infrastructure with MassPay’s global payout network. This collaboration allows users across 180 countries to seamlessly convert between fiat currencies, USDC, and other digital assets for faster and more affordable transactions.
The partnership leverages Coinbase’s regulated wallet infrastructure, custody services, and on-chain settlement capabilities, while MassPay manages the final payout via bank transfers, mobile wallets, and digital asset channels. Compliance responsibilities are shared, with Coinbase handling custodial licensing and MassPay overseeing customer verification, sanctions screening, and tax documents within its network.
MassPay’s CEO noted that stablecoins currently represent a small portion of the company’s transaction volume but expects the new payment rails with Coinbase to process nine-figure payouts in the first year. Clients using the platform have experienced cost reductions between 40% and 70% compared to traditional international wires, alongside near-instant settlement rather than delays of several days.
This alliance fits into a wider trend of established payment processors adopting stablecoin solutions to streamline cross-border commerce. Other major players like Stripe and Circle have also advanced their stablecoin infrastructure; Stripe recently acquired a stablecoin-focused startup to scale digital payments, while Circle introduced a network connecting banks and digital wallets for real-time settlement with regulated payment stablecoins including USDC and EURC.