MassPay has partnered with Coinbase to integrate stablecoin funding and settlement into its cross-border payout network, allowing enterprise clients to use USDC for payments across 180 countries. Coinbase will provide custody, wallet infrastructure, payment orchestration, and regulatory coverage, while MassPay manages payout delivery through its existing global network.
Corporate customers can fund transactions in U.S. dollars, convert to USDC via Coinbase, and then distribute payments either in crypto or local fiat currencies. The system removes the need for businesses to build separate crypto on-ramps, custody providers, or compliance solutions. Prefunding requirements are eliminated, freeing up working capital that would otherwise sit idle across multiple markets.
Coinbase highlighted its role as a major USDC distributor, noting that nearly $20 billion of the stablecoin is held on its platform. The partnership adds to Coinbase’s growing stablecoin business, which includes the Base blockchain, payment tools, and institutional custody for spot crypto ETF issuers. The move comes as Coinbase advocates for stablecoin-friendly regulations in Washington, including removing capital gains tax on stablecoin payments.
