Thunes and Coinbase announce a strategic partnership aimed at advancing the next generation of global payments. Both parties stated that this collaboration will combine global fiat payment infrastructure with first-class stablecoin infrastructure to help the two companies serve new market segments such as enterprises, the gig economy, and consumers.

This collaboration was announced during Money20 /20 USA in Las Vegas. Thunes describes itself as the “intelligent highway for global capital flows,” while Coinbase indicates that both parties will establish a unified infrastructure by integrating their respective mature fiat and digital asset ecosystems to support a smoother payment experience on a global scale.

Coinbase will provide support for the stablecoin infrastructure of Thunes, while Thunes will offer global fiat currency coverage for Coinbase. Both parties stated that this collaboration will further accelerate the adoption of stablecoins in the real world. By combining Coinbase's extensive stablecoin solutions with Thunes's network, both parties will achieve smoother cross-border capital flows. Application scenarios include corporate supplier payments, global gig worker wage disbursements, and instant international remittances.

According to the agreement, Coinbase will integrate Thunes's Direct Global Network into its platform, thereby directly connecting to the local clearing system and alternative payment methods. Thunes will provide real-time "last mile" delivery, covering billions of mobile wallets and bank accounts worldwide, enabling Coinbase customers to transfer funds between more countries and currencies, including areas with limited banking infrastructure and harder-to-reach regions.

Coinbase will also provide support for the stablecoin infrastructure of Thunes through its extensive stablecoin solutions, helping Thunes to integrate stablecoins more deeply into its global network. This infrastructure will support the expansion of Thunes within the digital asset ecosystem.

Thunes Vice President Chlo said: "Digital assets have become a core part of our financial ecosystem, but to achieve practicality in the real world, it is still crucial to connect digital currencies to fiat money and local domestic financial systems. Thunes serves as a key bridge connecting traditional finance, mobile wallets, and digital assets. With cooperation Coinbase, we are enabling seamless and fully compliant cross-border payments on a global scale."

Coinbase, the person in charge of infrastructure products, stated: "Digital assets and stablecoins are changing the way value flows globally, and Coinbase is focused on unleashing their full potential. The 'last mile' connection is a crucial part of this process. Collaborating with Thunes allows us to provide end-to-end payment experiences, enabling faster and smoother payments between more countries and currencies."

Thunes, the North American leader, stated: "Our collaboration with Coinbase reflects the significant momentum accumulated by Thunes as the preferred cross-border infrastructure provider for leading companies in the United States, which come from the fields of financial services, payments, fintech, and digital assets. As Coinbase integrates our global network to provide payment services to its users, we are demonstrating how seamless cross-border channels can connect digital assets with traditional finance. We are offering U.S. companies the speed, scale, and reliability needed for global growth."

Regarding Coinbase:

Cryptocurrencies create economic freedom by ensuring that people can participate in the economy fairly. The mission of Coinbase is to enhance economic freedom for over a billion people. The company is updating the century-old financial system by providing a trustworthy platform that makes it easier for individuals and institutions to engage with crypto assets, including trading, staking, custody, consumption, as well as fast and free global transfers. The company also provides critical infrastructure for on-chain activities and supports builders who align with its vision, that is, “On-chain is the new internet.” Coinbase also advocates for responsible rules together with the crypto community, so that everyone around the world can benefit from the advantages of cryptocurrencies.

Regarding Thunes:

Thunes is the intelligent highway for global capital flows. Its proprietary Direct Global Network allows members to make real-time payments in over 140 countries and more than 90 currencies. The network directly connects over 12 billion mobile wallets, stablecoin wallets, and bank accounts worldwide, as well as 15 billion cards linked through more than 220 different payment methods, including GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay HK, etc. Thunes's Direct Global Network boasts a differentiated advantage through its global coverage, self-developed SmartX Treasury System and Fortress Compliance Platform, ensuring that network members enjoy unparalleled speed, control, visibility, protection, and cost efficiency when making real-time payments globally. Members of Thunes's Direct Global Network include giants in the gig economy such as Uber and Deliveroo, super apps like Grab and WeChat, as well as MTO, fintech companies, PSP, and banks. Headquartered in Singapore, it has offices in 14 locations including Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, New York, Paris, Riyadh, San Francisco, and Shanghai. For more information, please visit: https :// www.thunes.com