Businesses Can Now Issue Stablecoin Cards on Visa, Mastercard Networks

Nium has launched a platform that enables businesses to issue stablecoin-funded payment cards on the Visa and Mastercard networks.

The platform automatically converts stablecoin balances into fiat currency at the point of sale, making it easier for merchants to use digital currencies in their daily transactions.

According to Nium, this platform reduces the time required to launch a stablecoin card program from months to days, allowing businesses to avoid building separate integrations for conversion, compliance, and network connectivity.

The total stablecoin market capitalization stands at over $315 billion, with Tether's USDT accounting for approximately 58% of that total, or around $184 billion.