Mastercard and BVNK Build Stablecoin Spending Platform
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Mastercard has announced a platform developed with BVNK to connect stablecoin balances with its global payments network.
Mastercard is expanding access to stablecoin payments through a new platform developed with BVNK, according to Bitcoin.com News. The service was announced on Oct. 15.
The platform is designed to let customers spend digital dollar balances at hundreds of millions of merchant locations connected to Mastercard’s network.
It brings traditional currencies and stablecoins together through a single integration. The announced offering also includes card issuance in more than 130 countries and bank payouts.
Source: Bitcoin.com News
