Nium, a Singapore-headquartered company that provides global cross-border payment infrastructure, has entered into a live partnership with Coinbase to facilitate the use of USDC stablecoins on Nium’s platform.
Coinbase is responsible for providing the stablecoin payment and liquidity infrastructure, wallet services, and regulated custodian support within this collaboration. As a result, Nium clients can now send and receive stablecoins and convert USDC into fiat for payouts, blending both blockchain and fiat payment methods on a unified platform.
This partnership extends across Nium’s extensive global network encompassing over 40 licenses in more than 190 countries. It allows the delivery of stablecoin payout functionalities through existing regulatory permissions, simplifying the management of stablecoins for clients without requiring them to handle stablecoin liquidity, wallet infrastructure, on-ramps, and regulatory compliance independently.
Treasury and card programme capabilities
The integration supports two key use cases. For treasury management, financial institutions and businesses can fund cross-border payments in USDC and settle either in USDC or local fiat at the point of payout, thereby reducing the need to pre-fund accounts across international regions and leveraging idle capital more efficiently.
For card programs, organizations holding stablecoin balances can utilize these funds for spending at merchant locations worldwide where cards are accepted. This enables the issuance of USDC-backed cards tailored for both business-to-business (B2B) and consumer applications.
This announcement follows Nium’s recent introduction of a dedicated stablecoin card issuance platform and marks the next stage in the company’s strategy to establish a comprehensive infrastructure for stablecoins across payments, liquidity, and card issuance.
According to Prajit Nanu, CEO and Founder of Nium, this partnership enables multi-rail money movement by integrating fiat and blockchain infrastructures. It operationalizes a single platform that supports sending, receiving, and spending stablecoins at scale. Alec Lovett, Head of Infrastructure Products at Coinbase, added that the collaboration enhances the utility of stablecoins in real-world payment processes and facilitates the connection between digital asset liquidity and global fiat infrastructure.
