Investment firm Spiko has plugged Coinbase’s stablecoin payment infrastructure into two EU-regulated Treasury-bill funds, letting eligible investors subscribe and receive redemption proceeds
Investment firm Spiko has plugged Coinbase’s stablecoin payment infrastructure into two EU-regulated Treasury-bill funds, letting eligible investors subscribe and receive redemption proceeds in USDC and EURC. Coinbase confirmed the integration on Tuesday, describing the products as the first UCITS funds in Europe to accept direct stablecoin payments.
The deal spans Spiko’s EU T-Bills Money Market Fund and its US T-Bills Money Market Fund. Both vehicles are structured as Undertakings for Collective Investment in Transferable Securities, or UCITS. Coinbase Payments supplies the payment rails, wallet infrastructure, and API layer, with all transactions settling on Base, Coinbase’s layer-2 network.
