Coinbase and Spiko enable 24/7 stablecoin UCITS access
Coinbase and Spiko enable 24/7 UCITS fund access via USDC and EURC, eliminating bank delays and allowing instant settlement for institutional investors.
Coinbase and Spiko have partnered to allow institutional investors to subscribe to and redeem European UCITS money market funds using USDC and EURC stablecoins. This marks the first time regulated European funds accept native digital assets for direct settlement. The integration, powered by Coinbase Payments on the Base network, removes traditional bank transfer delays and the T+2 settlement cycle. Investors benefit from 24/7, near-instantaneous fund entry and exit, with lower transaction costs and faster confirmations. This development addresses a key bottleneck in corporate treasury management and sets a precedent for stablecoin adoption in regulated financial products. It also highlights the growing integration of blockchain technology with traditional finance as Coinbase expands into payments and tokenized assets.