International FinTech company Nium announced a partnership with Coinbase, giving its clients access to sending, receiving, and converting the USDC stablecoin into fiat via the exchange’s infrastructure.
The Nium team, which provides infrastructure for cross-border payments, remittances, and card issuance, confirmed the partnership with Coinbase and the integration of USDC payments for cross-border payouts. As part of the collaboration, the crypto exchange acts as a liquidity provider, custodian, and payment infrastructure provider.
According to Prajit Nanu, CEO and Founder of Nium, the partnership addresses key operational challenges associated with using stablecoins, including:
- liquidity management;
- integration of fiat on- and off-ramps;
- digital asset custody;
- regulatory compliance.
With USDC integration, Nium clients can move away from the pre-funding account model and shift to on-demand liquidity-based settlements. This allows businesses to unlock capital previously tied up across multiple jurisdictions and optimize cash flow management. Funds denominated in USDC can be converted into local currency at the moment of payout.
Moreover, the partnership enables the launch of stablecoin-backed card programs. Businesses will be able to use USDC balances for everyday payments across global card acceptance networks.
Nium holds more than 40 regulatory licenses worldwide, and its infrastructure spans over 190 countries and supports more than 100 currencies. The company issues over 38 million card tokens annually and works with major payment networks, including Visa, Mastercard, Discover, and UATP.
Alec Lovett, Head of Infrastructure Products at Coinbase, noted that the convergence of fiat and on-chain infrastructure is becoming a key trend in the payments industry. In this context, the partnership with Nium expands the use of stablecoins in traditional payment operations and simplifies the integration of digital assets into the global financial system.
The USDC integration is part of Nium’s broader strategy to develop its crypto infrastructure. Recently, the company also announced the launch of a new platform enabling enterprises to issue payment cards with stablecoin support across Visa and Mastercard networks.
