Nium taps Coinbase to enable USDC payouts in 190+ countries

Singapore fintech Nium announced Tuesday that it has selected Coinbase to integrate USD Coin (USDC) into its global payments network, allowing businesses to send, receive and convert the dollar-pegged stablecoin to fiat across more than 190 countries.

The integration uses Coinbase custody, liquidity and wallet infrastructure to support cross-border payouts funded with USDC and settled in stablecoins or local currencies. Nium said the setup supports just-in-time settlement, so funds are deployed at the moment of payout rather than held across multiple jurisdictions, reducing the need for prefunded accounts.

The arrangement includes options to link stablecoin balances to card programs, enabling firms to issue cards funded in USDC and convert balances to local currency at the point of sale. Nium’s network covers more than 100 currencies, offers local collection in about 40 markets and supports real-time payouts in over 100 corridors. The company holds more than 40 regulatory licenses worldwide.

The rollout follows Nium’s recent platform that lets businesses issue stablecoin-funded cards on Visa and Mastercard rails, with balances converted to fiat at the point of sale and settlement, compliance and integration handled through a single system.

USDC was launched in 2018 by Circle and Coinbase, is pegged 1:1 to the U.S. dollar and is backed by cash and short-term U.S. Treasury assets. USDC’s market capitalization is about $78 billion, compared with roughly $188 billion for the largest stablecoin. On-chain and market data indicate USDC supply rose by about $2 billion in the first quarter while the largest stablecoin’s supply declined by about $3 billion over the same period.

Circle has been expanding USDC’s use in cross-border payments through partnerships that extend stablecoin settlement into existing financial networks and specific regional corridors. Nium’s integration with Coinbase adds another infrastructure option for businesses seeking to use stablecoins for international payouts and card-linked spending.