Odaily Planet Daily News: Coinbase announced that its enterprise services department has launched two new features - Global Payouts and Payment Links, allowing businesses to make payments in USDC stablecoins, achieving instant settlement, low transaction fees and cross-border frictionless payments.

Coinbase stated that traditional business-to-business (B2B) payments are plagued by high fees, slow settlement times, and cross-border friction. The new tool aims to streamline supplier payments, eliminate the risk of chargebacks, and provide API integration to support automated batch payments. Businesses can send USDC from their platform balance or a linked bank account, and counterparties can receive the funds directly or by creating a Coinbase account via email.

In addition, merchants can generate a shareable USDC payment link, allowing customers to pay instantly using wallets such as Base, MetaMask, or Phantom, without network fees. USDC balances in business accounts will automatically be included in the USDC rewards program, which currently has an annualized yield of 4.1% and can be withdrawn to a bank account at any time. Coinbase claims this program provides a low-cost, efficient, and compliant digital payment solution for businesses worldwide. (crowdfundinsider)