Mastercard and BVNK unveil platform for fiat and stablecoin payments
The companies have introduced a Global Money Platform that lets businesses hold, convert and spend both currency types through a single interface.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Mastercard and BVNK have launched the Global Money Platform. The platform allows firms to hold, convert and spend fiat currency and stablecoins through one API. Coverage describes it as a way to connect stablecoins with global payments.
Timeline
- Oct 15, 11:52 PM ET: Mastercard and BVNK launched the Global Money Platform for fiat and stablecoin payments.
- Oct 16, 11:23 AM ET: Coverage described the platform as linking stablecoins with global payments and simplifying cross-border money movement.
Coverage
- What Mastercard & BVNK Mean for Global Stablecoin Payments (fintechmagazine.com)
- Mastercard, BVNK Launch Fiat and Stablecoin Payments Platform (Fintech News Singapore)
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