Spiko links EU regulated T-bill funds to Coinbase stablecoin rails

Summary

Spiko has integrated Coinbase’s stablecoin payment stack into two regulated EU Treasury-bill UCITS funds: the EU T-Bills Money Market Fund and the US T-Bills Money Market Fund. Eligible investors can now subscribe and receive redemptions using USDC or EURC, with Coinbase Payments handling wallets, APIs, and settlement on Base. Coinbase says these are the first UCITS funds in Europe to accept direct stablecoin payments. The integration is meant to improve fund entry and exit by enabling subscriptions at any time, including weekends and holidays, and by sending redemption proceeds to a stablecoin wallet within minutes after liquidation. The funds themselves are not becoming fully 24/7; this is a new payment method, not a change to core fund processing. The move comes as UCITS inflows rebounded sharply in April, and it reflects broader growth in tokenized money market funds as settlement and collateral infrastructure.