Marqeta and BVNK Unite for Global Stablecoin Spendability
Marqeta, a modern card issuing platform provider, has partnered with BVNK to deliver stablecoin-backed card capabilities to crypto-native and non-crypto companies. This integration enables Marqeta's customers to embed stablecoin features into wallets, cards, and everyday financial products.
The partnership allows users to transact in digital dollars at millions of merchants globally using a standard payment card. BVNK provides the infrastructure for moving and managing stablecoins alongside traditional fiat currencies through familiar financial products, while Marqeta manages card issuance, acceptance, and bank and network relationships.
Marqeta processed nearly $400 billion in annual payments volume during 2025, demonstrating the depth and scale of its offering. BVNK's stablecoin infrastructure has been part of Mastercard since its acquisition of the business in August 2026.
The partnership is significant as it connects Marqeta with two existing parts of Mastercard's network. Over time, the growing collaboration will give Marqeta's customers a path to additional Mastercard capabilities through the same integration.