Coinbase Ventures invests in RTP to enable stablecoin-to-local-currency payments without requiring users to hold crypto wallets.
DeFi & Yields ·
Coinbase Ventures has invested in RTP to bridge stablecoin payments with local currency infrastructure, allowing recipients to convert digital dollars into local money within minutes without requiring a cryptocurrency wallet. The investment targets a gap in cross-border payment flows, where stablecoin rails can settle in seconds but end-users typically need on-ramp or off-ramp infrastructure to move between blockchain and traditional banking systems.
RTP's approach addresses a friction point in stablecoin adoption: while dollar-pegged tokens eliminate exchange-rate risk and settle faster than correspondent banking, most users still require a connection to fiat-based accounts or cards. By linking stablecoin transfers directly to local payment rails, the platform reduces the steps and custody requirements that have historically limited mainstream use. Monthly stablecoin settlement volumes have surpassed $390 billion, signaling institutional and commercial demand for faster cross-border movement of value.
It remains unclear whether RTP has disclosed additional funding details, the size of the Coinbase Ventures commitment, or a timeline for wider deployment across specific regions or corridors.