Cross-border withdrawal platforms MassPay and Coinbase announced a partnership on Thursday to offer cross-border stablecoin withdrawals.

The partnership connects MassPay’s network in 180 countries with the U.S. exchange’s crypto infrastructure, enabling customers to move between fiat, USDC and other digital assets, the companies said in a joint statement shared with Cointelegraph.

MassPay CEO Ran Grushkowsky told Cointelegraph that stablecoins still represent a diminutive portion of the company’s transaction volume. Still, the company expects the up-to-date rails to deliver nine-figure payouts in the first year.

He added that customers using the system have seen costs drop by approximately 40% to 70% compared to international transfers, and settlement is almost instantaneous, rather than taking several days in the case of established payment railways.

MassPay and Coinbase partners for cross-border stablecoin payments. source: MassPay

The partnership is part of a broader trend involving established payment service and financial infrastructure providers using stablecoins.

For example, Stripe and Circle have also started expanding their stablecoin infrastructure for cross-border payments.

MassPay deepens stablecoin payout push

Under the partnership, Coinbase provides wallet infrastructure, escrow and onchain settlement services, while MassPay orchestrates last-mile payouts via wire transfer, mobile wallet and digital asset channels.

The companies share compliance responsibilities – Coinbase provides regulated depository infrastructure and licensing, while MassPay handles know-your-customer verifications, sanctions checks and tax documentation across its network.

Related: Coinbase will launch a token-backed mortgage advance this summer

Grushkowsky said MassPay already offers stablecoin withdrawal capabilities through other providers and is now increasing efficiency and credibility by adding Coinbase.

Stablecoins are spreading across payment rails

In addition to MassPay and Coinbase, other vast payments players are also building stablecoin-based infrastructure for cross-border flows.

Stripe acquired Bridge in February 2025, a startup focused on scaling stablecoins for enterprise needs, and said it expects stablecoin infrastructure to play a key role in accelerating cross-border trade.

Meanwhile, circle announced in April 2025, its Circle Payments Network to connect banks, payment companies and digital wallets for real-time cross-border settlements using USDC, EURC and other regulated stablecoins.

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