Stablecoin Breakthrough: Coinbase and Spiko Unlock Instant Settlement for Institutional Investors

Coinbase and tokenized asset issuer Spiko have joined forces to enable institutional investors to subscribe to European UCITS money market funds using stablecoins. This groundbreaking partnership leverages Coinbase Payments infrastructure, allowing for near-instantaneous settlement and faster access to liquidity.

The integration marks the first time a fully compliant European mutual fund framework will accept native digital assets, specifically USDC and EURC. This move fundamentally transforms corporate treasury management by eliminating traditional bank transfer processing windows and multi-day settlement cycles.

Spiko's EU T-Bills Money Market Fund and US T-Bills Money Market Fund now accept subscriptions in USDC and EURC. Coinbase Payments processes the transactions, while Base provides low-cost blockchain settlement.