Mastercard and BVNK Launch Global Money Platform Integrating Fiat and Stablecoin Payments
Mastercard and BVNK have announced the launch of the Mastercard Global Money Platform. This platform unifies Mastercard's global payment capabilities and BVNK's stablecoin infrastructure via a single API, marking the first major integration between the two parties following Mastercard's completion of the BVNK acquisition in August. Banks, fintech firms and enterprises can embed multi-currency accounts for fiat and stablecoins, real-time exchange, stablecoin-linked cards, and local bank payments via Mastercard Move into their own products. Stablecoin balances can be spent at hundreds of millions of merchant locations across the Mastercard network, with card issuance coverage spanning over 130 countries. Nuvei, Marqeta and other entities will be among the first batch of platform integrators. The platform is now live through BVNK.
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