Coinbase has announced a partnership with payments network Thunes linking its stablecoin infrastructure to local bank accounts and mobile wallets worldwide. The arrangement is reciprocal: Coinbase powers Thunes' stablecoin infrastructure, while Thunes expands Coinbase's reach for fiat payouts. The stated rationale is that stablecoins can move across the world in seconds but need to land somewhere recipients can actually spend them. Coinbase frames the deal as combining stablecoin infrastructure with global fiat payout capabilities. No transaction volumes, launch dates, or supported currencies were specified in the announcement.

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Thread · 1 event
  1. First reportThunes partners with Coinbase to expand stablecoin-powered global payouts on Base9 acc.
  2. Leviathan published this article

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Cited posts

  • @CoinbaseDev Coinbase Developer Platform🛡️First reportOn X ↗

    Stablecoin infrastructure meets global fiat payouts. We’re partnering with @ThunesPayments to connect stablecoins with local bank accounts and mobile wallets around the world. Coinbase powers Thunes’ stablecoin infrastructure. Thunes expands Coinbase’s fiat payout reach.

  • @baseOn X ↗

    Stablecoins are reshaping cross-border payments@ThunesPayments is integrating stablecoins across its global payout network on Base

  • @RWAFoundation_ RWA FoundationOn X ↗

    .@coinbase has partnered with @ThunesPayments to expand stablecoin payments to 140 countries. The partnership connects Coinbase's stablecoin infrastructure with Thunes' global payment network, enabling payouts to local bank accounts and mobile wallets.

Show 3 more cited posts
  • @BSCNews BSCNOn X ↗

    Coinbase and Thunes link stablecoins to everyday local payouts@coinbase is partnering with Singapore payments firm Thunes (@ThunesPayments) to connect stablecoin transfers with local bank accounts and mobile wallets. Coinbase will power Thunes’ stablecoin infrastructure, while…

  • @BaseHubHB Base Hub 🛡️On X ↗

    🚨 @ThunesPayments integrates stablecoins across its global payout network on @base.

  • @davidtsocy David Tso (dave.base.eth)On X ↗

    Stablecoins move on @base@ThunesPayments handles the last mile – delivering funds to the bank accounts and wallets recipients already use That means easier supplier payments, gig worker payouts, and international remittances https://t.co/rJMLMyz9k0

3 more accounts posted about this

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