MassPay taps Coinbase to expand stablecoin payouts

Summary

MassPay and Coinbase have partnered to offer stablecoin-based cross-border payouts, linking MassPay’s network in 180 countries with Coinbase’s crypto infrastructure. Customers will be able to move between fiat, USDC and other digital assets. Coinbase will handle wallet infrastructure, custody and onchain settlement, while MassPay will manage last-mile payouts through bank transfers, mobile wallets and digital assets. Compliance duties are split as well: Coinbase provides regulated custodial infrastructure and licensing, and MassPay handles KYC, sanctions screening and tax documentation. MassPay says stablecoins are still a small part of its volume, but it expects the new rails to support nine-figure payouts in the first year. It also says users have seen costs drop 40% to 70% versus international wires, with settlement nearly instant instead of taking days. The deal reflects broader adoption of stablecoin payment infrastructure by major firms such as Stripe and Circle.