"Coinbase's partnership with Nium allows businesses to access stablecoin-based payouts and local currency settlements across Nium's global network, which operates in over 190 countries."
"Nium clients can fund payouts in USDC and settle to their local currencies, eliminating wire delays and enhancing the efficiency of cross-border transactions."
"The collaboration leverages Coinbase's stablecoin payment APIs to streamline international money movement, addressing the complexities of managing stablecoin payments and regulatory compliance."
Coinbase has partnered with Nium to facilitate global payments using USD Coin (USDC), allowing businesses to access stablecoin payouts and local currency settlements. This integration supports transactions across Nium's network in over 190 countries. Nium clients can fund payouts in USDC without wire delays. The partnership aims to simplify stablecoin payment management, liquidity, and regulatory compliance. Coinbase's stablecoin payment APIs enable Nium to enhance its international money movement capabilities, reflecting the growing demand for faster settlement and reduced reliance on traditional banking systems.
Read at news.bitcoin.com
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