MassPay Partners with Coinbase on Stablecoin Payouts, Targeting 40-70% Cost Reduction on June 11

According to Coinbase's official statement on June 11, MassPay and Coinbase announced an expanded partnership to broaden stablecoin payout services for enterprise clients. The collaboration links MassPay's payment network spanning 180 countries with Coinbase's cryptocurrency infrastructure, enabling conversion and movement between fiat currencies, USD Coin (USDC), and other digital assets.

The firms stated that businesses using the new payment rails could reduce transaction costs by 40% to 70% compared with conventional international wire transfers, while settlement times could shrink from several days to nearly instantaneous processing. MassPay CEO Ran Grushkowsky indicated the company expects stablecoin payout volumes to reach the nine-figure range during the partnership's first year. Coinbase will supply wallet infrastructure and custody solutions, while MassPay will manage last-mile payouts and compliance across its international network.