Coinbase Taps Thunes to Link Stablecoins to Billions of Accounts

Coinbase is partnering with Thunes to connect stablecoin transfers to payouts across billions of bank accounts and mobile wallets, expanding access to local payment systems including regions with limited banking infrastructure. The deal targets cross-border payouts for businesses and consumers, broadening stablecoin utility beyond trading. Traders would view this as incremental adoption-positive news for stablecoin rails, though it lacks specific volume or revenue figures and is unlikely to move prices sharply on its own.