Mastercard Global Money Platform Goes Live, Unifying Stablecoin and Fiat Payments
Photo: Blockchain Reporter
Mastercard’s stablecoin platform is now live. The payments company and BVNK launched the Mastercard Global Money Platform on October 15, the first major product integration since Mastercard completed its acquisition of the stablecoin infrastructure firm in August, according to the company announcement . The platform gives banks, fintechs, and enterprises a single API to hold, convert, spend, and move fiat and stablecoins side by side. At the center of the platform is the global money account, a multi-currency account where fiat and stablecoins sit alongside each other with real-time conversion between the two through one API.
Source: Blockchain Reporter
