During the Money20/20 event on October 19, 2026, Coinbase and Thunes announced a partnership aimed at transforming cross-border transfers through digital assets. The development was also highlighted by the Base social account, which emphasized Thunes' adoption of stablecoins across its global payout network.
Under the agreement, Coinbase will enhance Thunes’ stablecoin infrastructure, while Thunes will integrate its Direct Global Network into Coinbase’s platform. The integration is designed to enable real-time fiat settlements across billions of bank accounts and mobile wallets, linking stablecoin liquidity with local payout rails.
The companies said the initiative targets faster payments to corporate suppliers, instant settlements for gig economy workers, and more efficient international remittances. It also aims to improve access to local payment methods in underbanked emerging markets, helping bridge traditional finance and blockchain-based settlement.
Thunes specializes in global payment solutions, and the adoption of stablecoins across its payout network is expected to enhance transaction efficiency and reduce cross-border friction. The next phase involves technical deployment of cross-payment gateways to broaden currency coverage and lower global intermediation costs.
The announcement highlights growing institutional interest in stablecoins as a practical tool for international transfers, even as broader crypto markets show mixed signals. Regulators and market participants are likely to watch adoption rates, transaction volumes, and any stablecoin policy updates closely.
