MassPay and Coinbase Team Up on Stablecoin Payouts

MassPay, a US-based fintech specializing in global payout orchestration, has partnered with Coinbase to expand its stablecoin payout capabilities. The collaboration connects MassPay's network spanning 180 countries to Coinbase's crypto infrastructure, enabling seamless movement between fiat currencies and digital assets.

The partnership is designed to streamline cross-border payments, with MassPay CEO Ran Grushkowsky projecting nine-figure stablecoin payouts in the first year alone. Clients using the new payment rails reportedly save 40% to 70% in costs compared to traditional international wire transfers.

Coinbase will provide wallet infrastructure, custody, and onchain settlement, while MassPay will handle last-mile payouts via bank transfers, mobile wallets, and digital asset channels. Compliance responsibilities are split: Coinbase oversees custodial licensing and infrastructure, while MassPay manages KYC, sanctions screening, and tax documentation across its network.

This partnership builds on MassPay's recent efforts to integrate stablecoin capabilities into its platform. Just days earlier, the company expanded its collaboration with Circle Payments Network (CPN) to offer customers stablecoin-based settlements without requiring direct digital asset management.