Coinbase collaborates with the cross-border payment company Thunes to connect stablecoins to local accounts

The cryptocurrency exchange platform Coinbase stated on X that stablecoins can complete cross-border transfers in seconds, but the funds still need to enter channels that the recipient can actually use.

Coinbase mentioned that it is collaborating with the cross-border payment company Thunes to connect its stablecoin infrastructure to local bank accounts and mobile wallets worldwide.