MassPay Taps Coinbase to Expand Stablecoin Payouts

MassPay Taps Coinbase to Expand Stablecoin Payouts — Cointelegraph.com News
Source: Cointelegraph.com News

MassPay and Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts. The deal links MassPay’s network in 180 countries with Coinbase’s crypto infrastructure, enabling customers to move between fiat, USDC and other digital assets. Under the agreement, Coinbase provides wallet infrastructure, custody and onchain settlement while MassPay orchestrates last-mile payouts over bank transfer, mobile wallet and digital asset channels.

The companies split compliance duties: Coinbase supplies regulated custodial infrastructure and licensing, and MassPay handles know-your-customer checks, sanctions screening and tax documentation across its network. MassPay CEO Ran Grushkowsky said stablecoins remain a small slice of the company’s transaction volume but that the new rails could support nine-figure payouts in the first year.

He added clients using the system have seen costs fall about 40% to 70% versus international wires and benefit from near-instant settlement rather than days on traditional payment rails.

masspay, coinbase, stablecoin, usdc, cross-border payments, onchain settlement, custodial infrastructure, mobile wallet, bank transfer, kyc