Marqeta, BVNK Partner on Stablecoin Card Infrastructure for Global Payments
Financial technology firm BVNK has partnered with card-issuing platform Marqeta to deliver stablecoin-backed card capabilities to crypto-native and non-crypto companies.
The integration will allow users to transact in digital dollars at millions of merchants using a standard payment card, while Marqeta manages card issuance, acceptance, and bank and network relationships.
BVNK provides the infrastructure for its customers to move and manage stablecoins alongside traditional fiat currencies, with the company behind more than $39 billion in annualized payment volume.