BVNK and Marqeta Unite on Stablecoin-Backed Card Capabilities

BVNK and Marqeta have joined forces to bring stablecoin-backed card capabilities to companies in both the crypto space and mainstream.

The integration between the two companies allows Marqeta's customers to embed US dollar stablecoins into wallets, cards, and other financial products.

This partnership also enables round-the-clock settlement alongside traditional fiat rails.

BVNK supplies the infrastructure for Marqeta's customers to move and manage stablecoins alongside fiat currencies, while Marqeta handles card issuance, acceptance, and bank and network relationships.

The collaboration links two companies that are already part of Mastercard's network, with BVNK's stablecoin infrastructure being acquired by Mastercard in August 2026.