Nium taps Coinbase to bring USDC payments and fiat payments to 190 countries

Neum, a global payments infrastructure company, has partnered with Coinbase to bring USDC stablecoin payments to its global payment platform, giving customers a single system to send, receive and exchange stablecoins alongside traditional fiat payments.

The integration is already live, with Coinbase providing a stable coin payment infrastructure, liquidity layer, wallet services and regulated protection behind the offering.

The move expands Neum's efforts to position stablecoins as part of a mainstream cross-border payments infrastructure, a separate crypto product. Through the partnership, banks, fintechs, and enterprises can use Neon to fund transfers in USDC, pay in USDC or fiat, and make payments in over 190 countries over a network of 40 and under licenses.

The setup is designed to reduce reliance on prepaid bills, a long-standing pain in international payments. Instead of parking capital in multiple corridors up front, businesses can use a stablecoin only for time liquidity and convert to local currency only when funds need to move.

And the partnership extends beyond payments. Neum said customers holding stablecoin balances can now launch USD-backed card programs, allowing the funds to be used for everyday expenses wherever cards are accepted. The added card functionality builds on Neum's recent stablecoin card issuance and extends its stablecoin strategy to payments, liquidity and spending infrastructure.