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Crypto
Coinbase, Marqeta to support stablecoin payment cards
Payments technology company Marqeta is expanding its partnership with Coinbase to support stablecoin payment cards, The Block reported on Thursday. The service will allow companies to issue cards that are funded by customers’ stablecoins. Fees, the launch schedule and the first stablecoins to be supported were not disclosed. Coinbase will custody stablecoins and handle conversion between digital and traditional currencies, while Marqeta will manage card issuance and payment processing.
Crypto
Mastercard launches Global Money Platform, expands stablecoin payment infrastructure
Mastercard has launched a corporate platform called Global Money Platform that links stablecoin balances to existing banking services and card payments. The service is designed to let companies offer stablecoin-based payments and transfers without building separate infrastructure. Mastercard said firms can hold and convert fiat currency and stablecoins, issue stablecoin-linked cards and pay out to recipients’ local bank accounts from stablecoin balances. The launch is the first integration with stablecoin infrastructure firm BVNK, which Mastercard acquired in August.
Crypto
BVNK adds Stellar to stablecoin settlement network
Stablecoin payments firm BVNK has added the Stellar network to its platform as a settlement route. Blockchain outlet The Defiant reported that the integration allows BVNK customers to use Stellar-based settlement routes in more than 130 markets. The move comes seven weeks after Mastercard completed its acquisition of BVNK. BVNK said Stellar processed $55.6 billion in payments across 3.6 billion transactions in 2025 and cited 99.99 percent uptime and an average settlement time of 5 seconds.