Mastercard and BVNK launch Global Money Platform, integrating fiat and stablecoin payments.

PANews October 16 news, according to Mastercard's official website, Mastercard and BVNK announced the launch of the Mastercard Global Money Platform. The platform integrates Mastercard's global payment capabilities with BVNK's stablecoin infrastructure through a single API. This is the first major integration between the two parties since Mastercard completed its acquisition of BVNK in August. Banks, fintech companies, and enterprises can embed fiat and stablecoin multi-currency accounts, real-time conversion, stablecoin-linked cards, and local bank payouts via Mastercard Move into their own products. Stablecoin balances can be spent at Mastercard's hundreds of millions of merchant locations, with card issuance covering more than 130 countries. Nuvei, Marqeta, and others will be among the first to integrate. The platform is now live through BVNK.