s/balajisSTABLECOIN PAYMENTS•1d
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Mastercard and BVNK plug stablecoins into existing business payment rails
Stablecoins are being plugged into the same account, card and payout infrastructure businesses already use, rather than staying in standalone crypto wallets. Mastercard and BVNK’s Global Money Platform combines fiat and stablecoin accounts, real-time conversion, merchant payments and local bank payouts through one API. It connects to Mastercard acceptance across more than 200 countries and hundreds of millions of merchants.
Timeline2
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Mastercard and BVNK launch the Global Money Platform for fiat and stablecoin accounts, cards and payouts.
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Reports detail the platform’s combined fiat and stablecoin account, card and payout capabilities.
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