Nium Brings USDC Payments and Fiat Payouts To 190 Countries With Coinbase

TLDR

• Nium integrated Coinbase to support USDC payments and fiat payouts in 190 countries.
• Clients can send, receive, and convert USDC through one global payments platform.
• The service supports just in time settlement and reduces reliance on prefunded accounts.
• Nium says its network supports 100 plus currencies and over 40 regulatory licenses.
• The rollout also supports stablecoin funded card programs on Visa and Mastercard.

Nium has partnered with Coinbase to add USDC payments to its global payments platform. The live integration lets clients send, receive, and convert USDC with fiat payouts across more than 190 countries.

The move expands Nium’s stablecoin payment offering for banks, fintechs, and enterprises. It also combines stablecoin transfers and local currency settlement in one system.

Coinbase supports custody liquidity and wallet services

Nium said Coinbase provides the infrastructure behind the service. This includes regulated custody, liquidity, and wallet services for USDC transactions on the platform.

Through the setup, businesses can fund cross-border payouts in USDC and settle in stablecoins or local currencies. This gives clients more options when moving funds across markets.

The companies said the service does not depend on prefunded accounts. Instead, it supports just in time settlement for payouts across different corridors.

That structure helps businesses deploy funds when payouts are made. It also reduces the need to hold capital in many jurisdictions before transfers begin.

Nium expands stablecoin use across global payment network

Nium said its network supports more than 100 currencies and local collection in 40 markets. The company also said it offers real-time payouts in over 100 corridors.

The firm added that it operates under more than 40 regulatory licenses worldwide. The Coinbase integration now connects those capabilities with stablecoin payment rails.

The rollout also builds on Nium’s recent push into card issuance linked to stablecoins. Clients holding stablecoin balances can use them in card programs for everyday spending.

Nium said those programs can run on Visa and Mastercard networks. Balances are converted to fiat at the point of sale during settlement.

USD Coin, or USDC, is a dollar-pegged stablecoin launched in 2018 by Circle and Coinbase. It is designed to maintain a one to one value with the US dollar.

USDC grows as cross-border payment use expands

The Nium agreement comes as Circle expands USDC use in cross-border payments. Recent partnerships have focused on settlement, remittances, and business transfers across global markets.

In March, Circle partnered with Sasai Fintech to support USDC payments in African corridors. The effort targeted remittances, business transactions, and mobile wallet activity.

Earlier in April, Circle also partnered with Thunes to expand USDC settlement across its network. That network spans more than 140 countries and supports near real-time transfers.

Market data also shows rising USDC activity. DefiLlama data put USDC market capitalization at about $78 billion, behind Tether’s USDT at roughly $188 billion.

A CEX.IO report said USDC supply grew by about $2 billion in the first quarter. The same report said USDT supply fell by roughly $3 billion in that period.

For Nium, the Coinbase tie-up places USDC inside mainstream payment operations. The company is positioning stablecoins as part of regular cross-border infrastructure, not a separate crypto service.

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