Update
Coinbase and Thunes Expand Stablecoin Payments
Coinbase and payments network Thunes have partnered to expand stablecoin payments across international markets. The deal targets supplier payments, gig workers, and international money transfers. Coinbase will provide the stablecoin infrastructure, while Thunes will connect transfers to its Direct Global Network, which operates across more than 50 payment licenses and clearing systems. The partnership aims to link international stablecoin transfers with local payment systems, allowing recipients to receive funds through existing bank accounts or mobile wallets. The companies have not disclosed supported stablecoins, launch dates, or initial markets.