MassPay Holdings LLC announced a partnership with Coinbase (NASDAQ: COIN) to provide stablecoin-powered cross-border payout capabilities to businesses worldwide.

The partnership combines MassPay's global payout network covering 180 countries with Coinbase's digital asset infrastructure. Corporate customers can fund disbursements in USD, converting to USDC through Coinbase, or deposit USDC directly to pay recipients in USDC, other digital assets, or local fiat currency.

The integration allows businesses to convert USD to USDC, make multi-asset payouts, and conduct real-time global disbursements through a single platform. Coinbase handles wallet infrastructure, custody, and compliance while MassPay manages payout delivery.

"Stablecoins have moved from experiment to infrastructure - and businesses need a way to operationalize that shift without rebuilding their entire payment stack," said Ran Grushkowsky, CEO of MassPay.

Alec Lovett, Head of Infrastructure Products at Coinbase, stated that the partnership enables MassPay's enterprise clients to "fund in USD, settle in USDC, and pay recipients globally" within existing infrastructure.

MassPay operates a global payout orchestration platform that enables businesses to make real-time payouts via bank transfers, digital wallets, debit cards, cryptocurrency, or cash pickup. The company serves marketplaces, direct sales organizations, and content creator platforms.

The information is based on a press release statement from MassPay.