Direct Global Network

Coinbase and Thunes Link Stablecoins to Local Payout Rails

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Coinbase and Thunes Link Stablecoins to Local Payout Rails

Las Vegas – October 19, 2026 -- Coinbase will integrate Thunes' Direct Global Network for fiat payouts, while Thunes will run its stablecoin infrastructure on Coinbase's stablecoin solutions, the companies announced at Money20/20 USA.

Coinbase customers gain direct access to local clearing systems

Under the agreement, Coinbase will add Thunes' network to its platform. This gives it direct payout access to local clearing systems and alternative payment methods. Thunes will provide real-time last-mile delivery to mobile wallets and bank accounts, so Coinbase customers can send funds to more countries and currencies. The companies say this includes regions with limited banking infrastructure.

Thunes says its network operates in over 140 countries and more than 90 currencies.

Thunes Expands Cross-Border Payouts to Six Middle East Markets

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Thunes Expands Cross-Border Payouts to Six Middle East Markets

Riyadh – September 17, 2026 -- Thunes has expanded its Direct Global Network to add payout services across six Middle East markets, giving Members faster and more transparent access to bank accounts, mobile wallets, and cash pickup points in Bahrain, Lebanon, Oman, South Yemen, Syria, and the United Arab Emirates.

Members can now process payouts in local currencies through direct API integration with Thunes or via existing Swift connectivity, extending reach into millions of bank accounts and mobile wallets across the region. The rollout follows Thunes' September 2025 expansion of real-time payments in Saudi Arabia.