Crypto
Nium launches stablecoin card issuance platform based on Visa and Mastercard
Global payments infrastructure company Nium has launched a platform that can issue stablecoin-based cards on the Visa and Mastercard networks, Cointelegraph reported on March 30. The company said the platform focuses on allowing stablecoin balances to be spent at merchants through existing card payment networks. It converts stablecoin balances into fiat currency at the time of payment and then handles settlement, regulatory compliance and card network integration.