Thunes and Coinbase Partner to Expand Global Payment Networks
The alliance combines fiat payout infrastructure with stablecoin technology to target corporate, gig economy, and consumer markets worldwide.
Thunes and Coinbase announced a strategic partnership Monday at Money20/20 USA in Las Vegas, joining their respective payment infrastructures to pursue expanded reach across international markets. The alliance links Thunes' global fiat payout network with Coinbase's stablecoin capabilities, with both companies positioning the deal as a next-generation cross-border payments solution.
The partnership is designed to open new market opportunities across three primary segments: corporate payment flows, gig economy disbursements, and everyday consumer transactions. By combining traditional fiat rails with stablecoin infrastructure, the companies aim to reduce friction for customers moving money across borders, a persistent challenge for businesses operating in emerging and fragmented markets.
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The announcement came at one of the payments industry's largest annual gatherings, signaling the growing convergence between conventional financial infrastructure and digital asset platforms. Stablecoins — cryptocurrencies pegged to fiat currencies such as the U.S. dollar — have drawn increasing interest from payment networks seeking faster settlement and lower transaction costs without the volatility associated with other digital assets.
The deal reflects a broader industry shift as established fintech players and crypto-native firms seek common ground on infrastructure rather than competing in isolation. Details on the specific corridors, currencies, and rollout timeline covered by the partnership were not disclosed in the initial announcement.
Continue reading at Cryptocurrency for the full announcement details.