Marqeta Teams with BVNK to Bring Stablecoin Spending to Mainstream Cards
Marqeta has partnered with stablecoin infrastructure provider BVNK to enable its enterprise customers to issue cards that can spend digital dollars anywhere standard payment cards are accepted.
The partnership combines Marqeta's card issuance and processing capabilities with BVNK's regulated stablecoin rails, allowing fintechs and traditional businesses to embed crypto payments into wallets, cards, and other financial products more easily.
Under the arrangement, Marqeta will handle card issuance, acceptance, and relationships with banks and networks, while BVNK supplies the underlying infrastructure for moving and managing stablecoins alongside conventional fiat currencies.
This integration is significant because it enables customers to issue cards that work anywhere without requiring merchants to change how they accept payments.