Mastercard launched its Global Money Platform, built on BVNK's stablecoin tech. Banks and fintechs can embed accounts that hold fiat and stablecoins side by side, with conversion through one API.
Users can spend stablecoin balances at hundreds of millions of Mastercard merchant locations, with card issuing in 130+ countries. Payouts go straight to local bank accounts via Mastercard Move, with coverage set to reach 40+ currencies in 200+ countries and territories in 2027. It is the first major product since Mastercard closed its up to $1.8B BVNK deal in August.
Nuvei, Ontop, Beem and Almond Fintech are among the first to integrate. The platform is available now through BVNK.
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