Column Connects Stablecoins with Global Payment Rails in One Platform
Column has announced the launch of four infrastructure products that connect stablecoins, card issuing, global banking, and multicurrency accounts through one banking platform. This rollout, which was announced on September 16, allows fintech companies to use USDC and USDT alongside bank accounts, cards, and payment networks.
The company's co-founder, William Hockey, said that the launch completes a multi-year effort to build the company's technology stack. He added that the products are already handling billions of dollars for fintech companies, including Ramp, Brex, Bilt, Mercury, Slash, and Kapital.
Column's stablecoin service lets businesses send and receive USDC and USDT while converting funds to and from US dollars at any time. The company built this service directly into its banking core, so customers do not need to prefund balances with a separate provider before making a stablecoin transfer.