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Mastercard Global Money Platform links fiat and stablecoins in one system

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Mastercard and BVNK have launched the Mastercard Global Money Platform, bringing fiat currencies and stablecoins into one system through a single API . Banks, fintechs and enterprises can use it to build branded accounts and payment products without connecting separate providers for every stage of moving money.

Key takeaways

The platform combines fiat and stablecoin accounts, conversion, cards and bank payouts.

Nuvei, Marqeta, Ontop, Beem and Almond FinTech are early integrators.

Mastercard Move connects the service to more than 17 billion endpoints.

The platform is available through BVNK.

Mastercard said in a press release that the launch represents the first major combination of the two companies’ capabilities since its acquisition of BVNK in August 2026 . The offering joins the payments network’s infrastructure with BVNK ’s stablecoin technology.

How Mastercard Global Money Platform brings the services together

The Mastercard Global Money Platform lets businesses embed accounts and payments into their products under their own brand. They can also use the infrastructure directly for treasury, payments and settlement .

The modular approach allows customers to select the capabilities they need and add others as they become available. The company says this reduces the need to connect individual providers for different parts of the payment process.

The platform is available now through BVNK , with services spanning holding money, converting it, sending and receiving payments, spending and earning.

Multi-currency accounts, cards and local bank payouts

The platform’s central account can hold fiat currencies and stablecoins side by side , with conversion handled through the same API. Its payment capabilities include real-time conversion, stablecoin-linked cards and local bank payouts.

Accounts businesses can offer under their own brand

Fintechs and technology platforms can embed multi-currency accounts so their customers have one place to hold earnings, convert balances and pay out funds. The accounts also support configurable rewards and other account features.

This sits alongside the option for banks, fintechs and enterprises to manage their own financial operations using the same infrastructure, rather than only offering services to customers.

Stablecoin balances connected to conventional payments

Integration with Mastercard Move lets users fund payments from stablecoin balances while recipients receive local currency directly in their bank accounts. The service connects the platform to the network’s broader money-movement capabilities.

Customers will also be able to spend stablecoin balances through the global card acceptance network, which includes hundreds of millions of merchant locations. Card issuing is available in more than 130 countries .

Early integrators and the network’s expansion plans

Nuvei and Marqeta are among the first companies set to integrate the platform, alongside Ontop, Beem and Almond FinTech. The release describes the service as giving customers more options for accepting, managing and transferring money between markets.

Phil Fayer, Nuvei’s chair and CEO, said the work with the two companies would help bring stablecoin capabilities to more businesses and expand their choices for managing and moving funds.

According to the release, Mastercard Move reaches more than 17 billion endpoints . Its coverage is expected to expand to more than 40 currencies across more than 200 countries and territories in 2027.

A strategy built around multiple forms of money

The platform forms part of a strategy to connect traditional and digital money rather than manage them through separate systems. Raj Dhamodharan, executive vice president, Blockchain and Digital Assets, described interoperability as central to that approach.

“We believe the future of commerce will be built on interoperability across multiple forms of money,” he said in the release.

Dhamodharan also linked the launch to the company’s multi-money strategy and the next generation of programmable commerce. The platform’s toolkit covers sending, receiving, converting, storing, spending and earning.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

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