Coinbase and Euronet unveil new stablecoin tools

The convergence of blockchain, stablecoins and mainstream financial infrastructure continues to gather pace.

Coinbase and Euronet unveil new stablecoin tools

Two major players—Coinbase and Euronet—this week unveiled new tools designed to make cross-border payments faster, cheaper and more efficient.

Their respective announcements underscore how stablecoins, long seen as a niche innovation, are fast becoming a core component of global commerce.

Coinbase Business: Simplifying Global Payments 

Coinbase has introduced a suite of tools under its Coinbase Business platform aimed at helping companies streamline how they send and receive money internationally.

The new capabilities—global payouts and payment links—are designed to make USDC (USD Coin) transactions instant, low-cost, and accessible to anyone with an email or crypto wallet.

For many firms, international payments remain fraught with friction: costly wire transfers, multi-day settlement delays, and unfavourable foreign exchange rates.

Coinbase’s global payout feature addresses these pain points by enabling businesses to send USDC to any onchain address or even to an email recipient, with no gas fees for payments on Base, Coinbase’s Layer 2 network.

Recipients without a wallet can simply open a Coinbase account to access funds and cash out locally.

The company has also introduced a Payouts API that allows developers to automate mass or scheduled payments to vendors and contractors—an attractive feature for global enterprises managing large supplier networks.

On the receivables side, Coinbase’s payment links enable businesses to generate a simple shareable link that allows customers to pay instantly in USDC from hundreds of compatible wallets, including MetaMask and Phantom.

Payments settle in under a second on Base and, crucially, are immune to chargebacks and traditional card fees.

USDC balances on Coinbase Business accounts currently earn a 4.1% APY, while funds can be withdrawn to linked business bank accounts via Wire or ACH transfers.

The platform integrates with accounting software such as QuickBooks and Xero via CoinTracker, supporting compliance and financial visibility.

These updates also signal a strategic shift for Coinbase, which will soon unify its Commerce product with Coinbase Business—creating a single hub that combines merchant tools, custody services, and fiat cash-out capabilities.

Euronet and Fireblocks: Legacy to Blockchain

Meanwhile, Euronet—a global payments network spanning more than 200 countries—has partnered with Fireblocks to embed stablecoin infrastructure into its treasury and cross-border operations.

The partnership will support stablecoin-based settlements across Dandelion, Euronet’s global payments platform that connects 631,000 locations, 4.1 billion bank accounts, and 3.2 billion digital wallets.

By leveraging Fireblocks’ enterprise-grade infrastructure and multi-party computation (MPC) security technology, Euronet aims to accelerate settlement times, reduce the need for pre-funded accounts, and optimise liquidity management across its international network.

The initial rollout will focus on internal treasury efficiencies, but subsequent phases will extend to remittances, consumer wallets, and real-time corporate settlements.

Eventually, the company plans to enable seamless on- and off-ramping between fiat currencies and stablecoins—bridging the gap between traditional finance and digital assets.

Juan Bianchi, Euronet’s EVP and CEO of the Money Transfer segment, described the move as part of a broader industry inflection point.

“Recent regulatory clarity and advances in technology now allow us to enhance the way we move money, making transactions more efficient and secure,” he said.

The Bigger Picture

Both announcements reflect a structural shift underway in global money movement.

Stablecoins, once viewed with scepticism by traditional financial institutions, are increasingly being integrated into mainstream payment rails as regulatory frameworks mature and technology scales.

Coinbase’s business tools highlight how stablecoins can reduce friction for small and medium-sized enterprises, while Euronet’s adoption signals institutional acceptance at the infrastructure level.

Together, these developments mark an important milestone: the transition of stablecoins from speculative instruments into practical tools for commerce—bringing the industry closer to the long-promised goal of frictionless, real-time, global payments.