Nium Brings USDC Settlements to 190 Countries Through Coinbase Partnership
Nium, a Singapore-based payments firm, has partnered with Coinbase to integrate USDC (a U.S. dollar-pegged stablecoin) into its cross-border payment network.
The integration covers over 190 countries and provides custody, liquidity, and wallet services through Coinbase's infrastructure.
This partnership eliminates the need for businesses to prefund accounts across multiple jurisdictions in advance, instead allowing just-in-time settlement at the moment a payout is triggered.
USDC balances can be connected to card programs, enabling stablecoin holdings to convert to fiat currency at the point of sale.