MassPay Teams Up with Coinbase for Global Stablecoin Payouts

MassPay has partnered with Coinbase to offer stablecoin cross-border payouts, expanding its reach in 180 countries. The partnership combines MassPay's network with Coinbase's crypto infrastructure, enabling customers to move between fiat, USDC, and other digital assets.

MassPay CEO Ran Grushkowsky expects the new system to support nine-figure payouts in the first year, while clients have seen costs fall by 40% to 70% compared to international wires. Settlement is near instant instead of taking days on traditional payment rails.

The partnership adds to a broader trend of established payments and financial infrastructure providers embracing stablecoins. Stripe and Circle have also moved to expand stablecoin-based infrastructure for cross-border payments.