Coinbase Brings Stablecoin Funding to Regulated EU Mutual Funds

Coinbase has made history by integrating its Payments infrastructure with Spiko, allowing Europe's first UCITS funds to accept EURC and USDC for near-instant subscriptions and redemptions on Base. This development marks a landmark moment in the European financial sector.

According to Coinbase, investors can now enter and exit regulated money market funds using stablecoins, bringing near-instant settlement capabilities. The service operates on Base, a layer-2 blockchain network created by Coinbase, and supports Spiko's EU T-Bills Money Market Fund and Spiko US T-Bills Money Market Fund.

The integration enables investors to shift between stablecoins and short-term U.S. Treasury investments continuously, including weekends and holidays. This new payment model improves how investors access and exit regulated funds, reducing settlement delays for institutional treasury operations.