Partnerships
MOIN to Fund Cross-Border Payouts in USDC Through Nium, Settling Around the Clock
By News Desk ·
Key takeaways
- MOIN will fund its Nium account in USDC and pay out in local currency across Japan, the United States, Europe, Australia and Canada.
- MOIN said Korean banking hours left settlement unavailable for 82% of the week before the USDC funding change.
- Nium and MOIN, which formed their partnership in November 2025, are exploring a netting arrangement between their two directions of flow.
MOIN will fund its cross-border payouts using USDC through Nium, the Korean payment infrastructure provider announced on November 11, 2026. The setup lets MOIN settle payouts across Nium corridors on weekends and public holidays. MOIN announced the move in a release carried by EIN Presswire.
How MOIN Funds Payouts in USDC
MOIN will fund its Nium account through regulated blockchain infrastructure partners in USDC and pay out in local currency across Japan (JPY), the United States (USD), Europe (EUR), Australia (AUD) and Canada (CAD). For this flow, MOIN will not operate a separate crypto platform or manage wallets. The USDC funding sits inside a wider treasury build at MOIN, whose fund flows have grown more varied as the company has expanded across markets and entities.
MOIN's customers send money around the clock, but funding tied to Korean banking hours left settlement unavailable for 82% of the week, according to the release. USDC funding removes that dependency. The off-ramp is completed through Nium's real-time rails, which deliver funds to recipients' accounts and wallets. Nium connects to stablecoin rails through regulated blockchain infrastructure partners and moves payouts across its own licensed payment network, which spans 190 countries and 100 currencies.
"Customers don't stop on weekends, and settlement shouldn't either, not just a trading asset," said Anupam Pahuja, Chief Business Officer at Nium. "USDC funding removes the banking calendar constraints from MOIN's settlement. We expect more partners to ask for the same."
Ilseok Ian Suh, CEO and co-founder of MOIN, said funding is becoming something the company decides and controls rather than something the banking day decides. "Capital we held as a buffer now goes back into live volume, and weekends and public holidays become operating time rather than waiting time," Suh said.
The announcement builds on the partnership Nium and MOIN formed in November 2025. MOIN uses Nium to make global payouts for its customers, and Nium uses MOIN for payouts into Korea. Because value moves both ways, the two companies are exploring a netting arrangement between the two directions of flow.
MOIN's Nium Partnership and Funding Record
MOIN expanded its strategic partnership with Nium at Korea Fintech Week 2025 to broaden geographic coverage, increase transaction volumes and develop stablecoin-based cross-border payment rails, according to akta.pro company records. The same records list six funding rounds, including a Series B of $14.3 million in March 2022, and a global payout service from South Korea to more than 180 countries. MOIN was founded in 2016 and is headquartered in Seoul.
MOIN's European Licence and Regulatory Recognition
MOIN announced on July 10, 2026 that it had become the first Korean and Japanese company to obtain a European Electronic Money Institution licence through its European subsidiary SIA MOIN Payments, Nate reported. In September 2026, MOIN said it was expanding into Europe via Latvia, investing €350,000 and hiring a local team, according to Invest in Latvia. In July 2026, the Financial Services Commission selected MOIN for its 2026 Innovative Premier 1000, the only overseas remittance fintech on the list, StartupN reported.