WasabiCard, a provider of stablecoin-powered payments infrastructure, announced the launch of its Local Issuing Solution. The solution helps businesses quickly build card programs across more than 100 markets designed to meet regional compliance standards, offer competitive rates, and support settlement in stablecoins, including USDT, USDC, and Open USD (OUSD).

“Global expansion has often meant issuing cards in one market and hoping the same model works everywhere else. That can create friction around compliance, card acceptance, and costs,” said Ray Yang, Co-Founder and CEO of WasabiCard. “Our Local Issuing Solution gives businesses the flexibility to issue natively in regional markets, settle in stablecoins, and deliver familiar branded experiences to end-users.”

WasabiCard collaborates with financial institutions worldwide to give businesses access to local bank identification numbers (BINs). Because cards are issued in the market where transactions occur, businesses can reduce cross-border and foreign exchange fees and help improve merchant approval rates.

Through the API, businesses can configure card programs, oversee the card lifecycle, and establish tailored program controls. Once the required documents are submitted and know-your-business (KYB), compliance, and partner reviews are completed, accounts can be activated in as little as 24 hours.

Businesses can select commercial or consumer BINs based on their operational needs. Cardholders can easily add virtual or physical cards to Apple Pay and Google Pay. White-label options like these let businesses integrate card issuing into their own products and payment workflows, boost brand visibility and competitiveness, and meet local market needs for each program.

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