Cross-border payment platforms MassPay and Coinbase on Thursday announced a partnership to offer cross-border payments for stablecoins.
The partnership will connect MassPay’s network of 180 countries with the U.S.-based exchange’s crypto infrastructure, allowing customers to move between fiat and cryptocurrencies. $USDC and other digital assets, the companies said in a joint statement shared with Cointelegraph.
MassPay CEO Ran Grushkowsky told Cointelegraph that stablecoins still only make up a small portion of the company’s trading volume. Still, the company expects the new rail to support a nine-figure dividend in the first year.
He added that customers using the system see costs around 40% to 70% lower compared to Kokusai Telecom, and payments are made almost instantly, rather than taking days with traditional payment rails.
MassPay and Coinbase are partnering on stablecoin cross-border payments. Source: MassPay
This partnership adds to the broader trend of stablecoin adoption by established payment providers and financial infrastructure providers.
For example, Stripe and Circle are also working to expand their stablecoin-based infrastructure for cross-border payments.
MassPay strengthens stablecoin payment promotion
Under this partnership, Coinbase will provide wallet infrastructure, custody, and on-chain payments, while MassPay will coordinate last-mile payments via bank transfers, mobile wallets, and digital asset channels.
The two companies share compliance responsibilities, with Coinbase providing the regulated storage infrastructure and licenses and MassPay handling know-your-customer checks, sanctions reviews, and tax documentation across the network.
Grushkowsky said MassPay already offers stablecoin payment capabilities through other providers and is now expanding its capacity and reliability by adding Coinbase.
Stablecoins spread across payment rails
Besides MassPay and Coinbase, other large payment providers are also building stablecoinbase infrastructure for cross-border flows.
Stripe acquired Bridge, a startup focused on extending stablecoins to enterprises, in February 2025, saying it expects stablecoin infrastructure to play a key role in accelerating cross-border commerce.
Meanwhile, in April 2025, Circle announced the Circle Payments Network, which connects banks, payment companies, and digital wallets to enable real-time cross-border payments. $USDCEURC and other regulated payment stablecoins.
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