Coinbase enables USDC and EURC subscriptions for Spiko’s UCITS funds in Europe

The integration makes Spiko’s money market funds the first in Europe to accept payments in the two stablecoins, with round-the-clock subscriptions and redemptions processed via Coinbase Payments on Base.

USDC

Summary

Coinbase is providing the payment infrastructure for stablecoin transactions in Spiko’s UCITS money market funds, allowing investors to use USDC and EURC for subscriptions. The setup makes Spiko’s funds the first in Europe to accept payments in those two stablecoins, a step that links regulated fund products with always-on crypto settlement rails. Investors can subscribe at any time and redeem back into stablecoins within minutes through Coinbase Payments on Base, a blockchain network used for faster onchain transfers.

Terms & Concepts
  • stablecoin: Digital token designed to track a fixed value
  • UCITS: European regulated fund framework for retail investment products
  • Base: Coinbase-backed blockchain network for onchain transactions