On Thursday, global payout orchestration platform MassPay announced a partnership with leading regulated cryptocurrency exchange Coinbase to bring stablecoin-based cross-border capabilities to businesses around the world.
MassPay and Coinbase simplify stablecoin payments
According to the strategic partnership, MassPay’s flagship single-API global payout network, combined with Coinbase’s industry leading digital asset infrastructure will make it possible for enterprise customers to move seamlessly between fiat currency, USDC, and other digital assets without managing separate crypto infrastructure.
It is worth highlighting that MassPay’s global payout network covers 180 countries across bank transfer, mobile wallet, and digital asset rails. Meanwhile, Coinbase’s institutional-grade safeguarding of digital assets, along with extensive global licensing footprint will enable both the entities to reduce the gap between fiat and digital currencies.
MassPay’s corporate customers, marketplaces, and platforms can now fund disbursement in USD, convert to USDC stablecoin using Coinbase, or deposit USDC directly, then pay recipients in USDC, other digital assets, or local fiat currency.
The arrangement means that Coinbase’s API will manage wallet infrastructure, custody, and the on-chain layer, while MassPay will take care of last-mile payout orchestration globally.
Importantly, the integration will remove the operational complexity associated with managing stablecoin on-ramps, wallet infrastructure, liquidity, and regulatory requirements. In addition, it will provide enterprises a single, unified platform to move money and pay anyone, anywhere.
Commenting on the development, Alec Lovett, Head of Infrastructure Products at Coinbase, said:
“Stablecoin rails are becoming the standard for how global businesses move money, and our partnership with MassPay is a great example of that shift in action. MassPay’s enterprise clients can now fund in USD, settle in USDC, and pay recipients globally — all within the infrastructure they already use. Coinbase handles the custody, compliance, and on-chain infrastructure in the background, so MassPay can stay focused on delivering high-quality service to their clients.”
Other offerings of the alliance
The partnership allows enterprises to fund in USD and mint USDC via Coinbase. Throughout the process, they will not require any separate crypto infrastructure.
It also enables real-time global disbursement, eliminating prefunding delays and idle capital across corridors. Ran Grushkowsky, CEO of MassPay, said:
“Stablecoins have moved from experiment to infrastructure – and businesses need a way to operationalize that shift without rebuilding their entire payment stack. Our partnership with Coinbase gives enterprises a turnkey path to fund in USD, move value on-chain, and pay anyone in the world in the currency that works best for them. That’s what the future of global payouts looks like, and we’re building it now.”
MassPay has been making moves in bridging the existing chasm between stablecoins and traditional finance. On Tuesday, the firm announced integration of Circle’s CPN Managed Payments to scale global USDC payouts.
