Coinbase Brings USDC Payouts to Nium’s Network Across 190+ Countries

Key Takeaways:

• Coinbase expands USDC payments through Nium’s network across 190+ countries.
• Nium clients can fund payouts in USDC and settle to local currencies.
• Coinbase provides stablecoin payments, liquidity infrastructure, wallet services, and custody.

Nium Clients Gain USDC Payout Access Through Coinbase Integration

Crypto exchange Coinbase (Nasdaq: COIN) has partnered with global real-time cross-border payments infrastructure provider Nium to enable global payments using USD Coin (USDC). The partnership gives businesses access to stablecoin-based payouts and local currency settlement across Nium’s global network. Nium announced the partnership on April 21, outlining plans to support blockchain-based payment capabilities across its platform.

Emphasizing the scale of the effort and its cross-border reach, Coinbase CEO Brian Armstrong stated on social media platform X on April 26:

“We’re unlocking stablecoin payments around the world. Nium operates in 190+ countries. All their customers can fund payouts in USDC and settle to their local currencies, with no wire delays.”

The announcement detailed: “Nium’s integration with Coinbase solves the complexity of managing stablecoin payments, liquidity, onramps, wallet infrastructure, and regulation independently. By using Coinbase’s stablecoin payment APIs, Nium is able to deliver stablecoin payout capabilities across its global network of 40+ licenses worldwide and 190+ countries.”

The collaboration centers on leveraging USDC to streamline international money movement across Nium’s payments network. Coinbase serves as the stablecoin payments and liquidity infrastructure, wallet provider, and regulated custodian. Nium clients can send and receive stablecoins and convert them to fiat for payouts. The company added that this approach can reduce settlement times compared to legacy banking systems while providing greater visibility into transactions.

Enterprise Demand Drives Coinbase-Nium USDC Integration

The partnership reflects enterprise demand for digital asset-based payment solutions. Nium pointed to increasing adoption of stablecoins for treasury operations and international settlements, particularly where traditional banking systems can introduce delays. The company noted that businesses are seeking alternatives that offer continuous availability and predictable settlement values. The integration with Coinbase is designed to address these needs while maintaining compliance with regulatory standards across jurisdictions.

Outlining operational details of the integration and its availability to clients, Nium stated:

“The integration is now live and available to Nium’s clients, with Coinbase serving as the stablecoin payments and liquidity infrastructure, wallet provider and regulated custodian.”

“Nium clients can now send and receive stablecoins and convert stablecoin to fiat for payouts – giving businesses a single, unified platform to transact across both onchain and fiat rails,” the company noted.