If stablecoins couldn’t get any more mainstream, Thunes just proved they could, launching a service which enables instant payouts to global wallets.
Thunes has launched a new service enabling instant payouts in fiat and stablecoins to wallets in more than 130 countries.
The announcement was made in Las Vegas at Money20/20 USA on October 27. Thunes’ new Pay-to-Stablecoin-Wallets feature supports USDC and USDT, allowing financial institutions, fintechs and payment providers to transfer funds instantly to stablecoin wallets around the world.
The service is part of Thunes’ existing API, aiming to provide members of its Direct Global Network access without needing additional technical integration.
Thunes says the combination of fiat and stablecoin rails in one API will “set a new global standard for real-time, borderless money movement.” The company calls it a milestone in linking traditional finance with the digital-currency ecosystem.
“Thunes is building the bridge between fiat and digital money, connecting traditional banking networks with the future of finance,” said Chloé Mayenobe, President and COO.
“With this launch, we are powering a more open and inclusive financial ecosystem and bringing stablecoins into the global mainstream.”
The product uses Thunes’ Fortress Compliance framework and SmartX Treasury System. These systems help manage regulatory controls and liquidity for both fiat and digital assets.
Growing mainstream use of stablecoins
The move comes as stablecoins continue to gain momentum in cross-border payments. According to a report by CoinLaw, the number of active wallets has now surpassed 500 million worldwide.
USDC and USDT, the two stablecoins supported by Thunes, remain the most widely used in the market. Reports from Coinspeaker earlier this month noted, for the first time, the total market value of stablecoins reached $300bn.
Tether’s USDT and Circle’s USDC continue to dominate. However, Thunes may need to expand the range of coins it supports.
An Ipsos survey, commissioned by Coinbase in Singapore and Australia, found more than 70% of crypto owners in both countries would prefer to use a local stablecoin rather than one pegged to the US dollar.
Leadership changes at Thunes
Thunes’ latest development builds on its October 2024 partnership with Circle. At the time, then-CEO Floris de Kort said the integration of stablecoin settlements would provide “real-time, 24/7 funding” for Thunes’ partners, helping to accelerate payments innovation and efficiency.
De Kort stepped down in August 2025 and has since been named CEO of Ingenico, the French fintech company.
Peter De Caluwe returned as Thunes CEO in August 2025, after serving as Deputy Chairman since January 2024. A Co-founder of Thunes in 2017, De Caluwe previously led the company through its early growth and now oversees its global strategy and expansion.
