Coinbase is consolidating its stablecoin infrastructure under one roof with the rollout of Coinbase Payments, aiming to streamline cross-border transactions for businesses. According to the company, this product merges payment tools, on-chain settlement, stablecoin issuance, and institutional custody services within a single regulated framework.
Single platform, not a patchwork approach
Coinbase says the new platform is tailored for fintech firms, banks, payment institutions, and crypto-focused developers. The goal is to integrate previously separate services—such as custody, compliance, fiat on/off ramps, and core technical infrastructure—into one unified environment, eliminating the need for multiple vendors.
Through Coinbase Payments, businesses can access KYC and KYB workflows, virtual accounts, fiat conversion channels, treasury management, merchant acceptance solutions, and card infrastructure. As a US-based crypto company with global operations since 2012, Coinbase highlights how these integrated components function seamlessly within the same product.
Alec Lovett, Head of Infrastructure Products at Coinbase, shared insights from his weekly discussions with payment companies, fintechs, banks, and crypto startups developing next-generation financial products, noting their demand for faster settlement, lower costs, and worldwide reach.
Coinbase emphasizes that its platform is built on an extensive regulatory base, with over 80 licenses globally. This broad coverage means businesses using Coinbase Payments often do not need to establish separate compliance layers in each country, as the licensed framework is delivered via API.
Institutional-grade stablecoin and custody capabilities
Data released by the company shows that Coinbase processes roughly $1 trillion in stablecoin flows annually and holds about $20 billion in USDC on its platform. The company maintains these figures reflect the operations of a truly institutional-scale business.
Lovett highlighted that the Base blockchain has processed over $19 trillion in stablecoin volume so far in 2026, and reported that Coinbase’s autonomous payment protocol, x402, completed more than 160 million autonomous transactions over the past year.
Mini glossary: x402 is a payment protocol developed by Coinbase that allows software-driven systems to make payments without human intervention. KYC means “know your customer,” while KYB refers to “know your business”; both are used for identity verification in regulated financial services.
Coinbase states that the Base network enables near-instant settlement and can process up to 5,000 transactions per second. In addition, the platform offers support for Ethereum, Solana, and several other blockchains. Supported digital assets include USDC, USDT, and PYUSD, along with regionally indexed coins such as EURC, AUDD, XSGD, and tGBP.
Emphasis on custody and assurance
For businesses seeking branded solutions, Coinbase also provides the Custom Stablecoins issuance layer. Alec Lovett emphasized that the transition to stablecoin payments is accelerating, and companies taking early steps could set the pace for future innovation.
Lovett observed that migration to stablecoin payments is picking up speed, suggesting that businesses that act now can assume a leadership role in financial innovation.
On the custody side, Coinbase notes that its infrastructure is trusted by ETF issuers, financial institutions, and government agencies alike. The company asserts that it has maintained a loss-free record over 14 years, with regular SOC 1 and SOC 2 audits, which it claims delivers critical assurance for institutional clients.
