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Coinbase and MassPay are connecting USD Coin (USDC) settlement to a payout network spanning 180 countries, aiming to give enterprises a simpler way to make global disbursements. The integration supports dollar funding, USDC conversion, digital asset payouts, and local currency delivery through existing MassPay workflows, according to a June 11 announcement.
The companies said the connection provides “one framework” for moving value between traditional currencies and digital assets across international markets.
Coinbase said on X that the integration is intended to expand cross-border payment options for business customers, adding that eligible MassPay clients can send USDC instantly “anywhere in the world.”
Businesses using MassPay can fund payouts in U.S. dollars, convert funds into USD Coin through Coinbase, or deposit USDC directly. USDC is described as a U.S. dollar-pegged stablecoin issued by Circle Internet Group, while Coinbase provides custody and on-chain infrastructure for settlement.
The announcement said the partnership combines MassPay’s single-API global payout network—covering 180 countries across bank transfer, mobile wallet, and digital asset rails—with Coinbase’s regulated digital asset infrastructure, institutional-grade safeguarding, and global licensing footprint. It added that enterprise customers can move between fiat currency, USDC, and other digital assets without managing separate crypto infrastructure.
Coinbase said enterprise customers often experience delays when funds are held across multiple banking partners before recipients receive payments. The integration is designed to reduce that friction by pairing Coinbase’s regulated digital asset infrastructure with MassPay’s last-mile payout orchestration.
“Cross-border payouts are slow, inefficient, and force businesses to prefund accounts across multiple corridors, causing huge delays. But that was yesterday. Stablecoins offer a much faster alternative, with less friction.”
The companies said marketplaces, content creator platforms, direct sales organizations, and other businesses with global payout needs could see the clearest operational benefits. The partnership is intended to reduce prefunding demands and separate payment-provider requirements while simplifying cross-border treasury and settlement operations.
Coinbase has launched a High Yield USDC vault within its in-app DeFi lending offering, adding a second lending option that provides exposure to a wider range of collateral assets. The product is powered by Morpho infrastructure and uses vault allocations curated by Steakhouse Financial.
