Nium Integrates USDC Payments with Coinbase Across 190 Countries
Summary
Singaporean fintech Nium has integrated Coinbase’s infrastructure to facilitate USDC-based cross-border payments across over 190 countries. This partnership allows Nium’s clients to process payouts using USDC, enabling settlement in either stablecoins or local currencies without the need for prefunded accounts. The system utilizes Coinbase for custody, liquidity, and wallet services, supporting real-time payouts and card-linked stablecoin spending. This move aligns with broader efforts by Circle and other firms to enhance global payment efficiency through stablecoin integration.
(Source:Cointelegraph)