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Mastercard, BVNK Launch Fiat and Stablecoin Payments Platform

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Mastercard, BVNK Launch Fiat and Stablecoin Payments Platform

Mastercard has launched Mastercard Global Money Platform with BVNK, the stablecoin infrastructure firm it acquired in August 2026.

The platform gives banks, fintechs and enterprises a single API to hold, convert, pay out and spend both fiat currencies and stablecoins, and is the first major integration of the two companies’ capabilities since the deal closed.

Businesses can embed multi-currency accounts, real-time conversion, stablecoin-linked cards and local bank payouts into their own products under their own brand.

They can also use the platform to run their own treasury, payments and settlement.

Customers can start with the features they need and add more as they become available. According to the companies, this reduces the need to integrate a separate provider for each step of moving money.

Payments firm Nuvei and card issuing platform Marqeta are among the first to integrate the platform, alongside Ontop, Beem and Almond FinTech.

At the core of the platform is the global money account, which holds fiat and stablecoins side by side and converts between them through a single API. It comes with configurable rewards and other account features.

Fintechs and technology platforms can embed the account to give their own customers one place to hold, convert and pay out earnings.

The companies point to a manufacturer that receives payments in several currencies and pays suppliers abroad.

Today that typically means separate accounts, vendors and pre-funded balances in each market, which ties up working capital. The platform brings liquidity management, conversion, receivables and payouts into one place.


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