Coinbase has announced a strategic partnership with MassPay Holdings to bring stablecoin-powered cross-border payout capabilities to businesses worldwide. According to Coinbase, the partnership combines MassPay's single-API global payout network covering 180 countries across bank transfer, mobile wallet, and digital asset rails with Coinbase's regulated digital asset infrastructure. As reported by Coinbase, the collaboration enables enterprise customers to move between fiat currency, USDC, and other digital assets without managing separate crypto infrastructure. Alec Lovett, Head of Infrastructure Products at Coinbase, stated that "Stablecoin rails are becoming the standard for how global businesses move money, and our partnership with MassPay is a great example of that shift in action."
Coinbase has achieved a historic milestone by launching the world's first 24/7 trading for U.S.-regulated gold and silver futures through its Coinbase Derivatives Exchange. According to Coinbase, this represents a complete transformation of commodity markets, eliminating the traditional restrictions that have limited trading to specific windows. The exchange has listed Interactive Brokers and NinjaTrader as platforms offering access to these products, with contracts sized at one troy ounce of gold and 50 troy ounces of silver. This continuous trading model allows traders to execute precious metals orders around the clock, including weekends and holidays, fundamentally changing how commodity markets operate. CEO Brian Armstrong announced on June 13, 2026 that gold and silver futures now trade 24 hours a day, seven days a week for US customers, framing it as one of several "world firsts" the exchange has shipped recently.
The launch received significant regulatory support as CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals. This regulatory development advances the agency's buildout of a regulated US crypto derivatives market. Coinbase Derivatives is moving its CFTC-registered gold and silver futures to around-the-clock trading effective Friday evening, marking the first time these US-regulated contracts will not close for weekends. The regulatory framework provides legal clarity for continuous trading operations and positions these products as legitimate financial instruments within the traditional derivatives market.
The new structure removes one of the biggest limitations of traditional commodity markets: restricted trading hours that have existed for decades. According to Coinbase, this continuous trading model gives traders the ability to react to economic events, geopolitical developments, or market-moving headlines as they happen, without waiting for markets to reopen after weekends or major holidays. The company has already offered gold and silver perpetual futures for eligible non-U.S. users that settle in USDC, serving traders who prefer crypto-native market access. The U.S. futures launch adds regulated commodity products for domestic traders through the derivatives exchange, with the central change allowing traders to manage metal exposure without waiting for normal market sessions to reopen. However, the convenience comes with risks - round-the-clock pricing also means round-the-clock liquidations, and weekend liquidity is usually thinner than midweek, which can widen spreads exactly when volatility spikes.
Coinbase has also introduced new Bitcoin Volatility Index futures available for trading, with first trades executed as blocks between DV Chain and Monarq Asset Management. According to Coinbase, Giovanni Vicioso, Global Head of Cryptocurrency Products, stated that "In today's volatile markets, investors are increasingly seeking diversified exposure to the cryptocurrency ecosystem while retaining the capital efficiencies and transparency of a regulated futures marketplace." The 24/7 trading framework expands the utility of these contracts, allowing investors to isolate and precisely manage their portfolio's volatility risk and exposure at any hour of the day, any day of the week. Vicioso noted that "The early support we've seen for our new Bitcoin Volatility futures further demonstrates the growing client demand for more innovative tools to more efficiently protect against adverse market moves."
