Fintech platform Nium has launched a stablecoin card issuance platform in partnership with Mastercard and Visa. The system allows businesses to convert digital dollars into fiat currency instantly for payments at millions of global merchant locations. The unified platform significantly cuts card program launch times.
The new platform allows businesses to spend stablecoins through traditional payment cards. It connects stablecoins to global payment networks for use as digital dollars.
Businesses can issue cards on Visa and Mastercard networks through a single integration. This removes the need for companies to build their own infrastructure for crypto-to-fiat conversion.
The move emphasizes stablecoins’ growing role in global finance, with around $200 billion in circulation. Many companies seek practical ways to use these assets beyond holding or trading them.
Nium designed its platform to meet this demand for real-world transactions. CEO Prajit Nanu stated the goal is to help businesses actively use stablecoins for payments.
He said, “many companies are looking for a simple and compliant way to use digital assets without dealing with complex systems.” The new partnership aims to solve that problem.
The platform reduces card program launch time from months to a few days. Nium handles compliance, conversion, and settlement within one unified system.
The solution builds on Nium‘s existing infrastructure across over 190 countries and 100 currencies. It attempts to bridge the gap between cryptocurrency and everyday finance.
This approach could ease business adoption of digital currencies while utilizing trusted global systems. The platform was launched to enable spending at hundreds of millions of merchant locations worldwide.
