Marqeta partnered with stablecoin infrastructure provider BVNK to launch stablecoin-backed card capabilities. This collaboration allows Marqeta’s customers to integrate stablecoin-funded features into digital wallets and physical cards.
Users can now spend digital dollars at millions of global merchants. The integration enables both crypto-native and traditional companies to utilize stablecoins for everyday payments.
The move aims to bridge the gap between digital assets and traditional finance. CEO Mike Milotich discussed the strategy during a fireside chat at the Goldman Sachs Communacopia + Technology Conference.