Original sourceCFO TechAdditional: FinancialContent
Summary
Card issuing platform Marqeta partnered with compliant custodian Zerohash to let consumers pay with stablecoin balances at regular merchants via cards, while merchants receive fiat settlement through existing card networks. Zerohash handles custody, compliance, and on-chain fund movement; Marqeta m…
Key points
- Businesses can rapidly launch stablecoin cards to expand payment scenarios; consumers can shop with stablecoins without changing their payment habits.
- The first direct integration of stablecoin payments by a mainstream card platform pushes stablecoins from investment tools to daily spending, potentially accelerating retail adoption.
- General users will soon have more stablecoin card options with an experience no different from regular credit cards; merchant acceptance will depend on fees and compliance costs.
Editorial note
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