Nium Crypto as a Service Explained: How the Payments…
By Damilola Esebame
AI summary of the source article
Nium provides a Crypto-as-a-Service platform allowing financial institutions to embed crypto trading, custody, and compliance through a single API. The company expanded into stablecoin card issuance across Visa and Mastercard and partnered with Coinbase for USDC payments.
Why it matters
The approach aims to reduce settlement delays associated with traditional payment infrastructure, with Chief Payments Officer Alex Johnson stating: "By settling with Visa via stablecoins, we're aligning payments to the speed of the internet, not the speed of traditional rails."
Key facts
- Nium launched its Crypto-as-a-Service platform in October 2021, utilizing Paxos Crypto Brokerage for its investment services layer.
- In March 2026, Nium launched stablecoin card issuance on Visa and Mastercard networks.
- Nium partnered with Coinbase in April 2026 for USDC stablecoin payments, using Coinbase as wallet provider and regulated custodian.
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Nium launched its Crypto-as-a-Service platform at Money 20/20 USA in October 2021, enabling financial institutions to offer crypto through one single API integration. The platform handles regulatory compliance, brokerage, custody, and processing, allowing banks and fintechs to embed crypto capabilities without building separate infrastructure from scratch. Paxos Crypto Brokerage supp…