Mastercard Global Money Platform links fiat and stablecoins in one system

Mastercard and BVNK have launched the Mastercard Global Money Platform, bringing fiat currencies and stablecoins into one system through a single API . Banks, fintechs and enterprises can use it to build branded accounts and payment products without connecting separate providers for every stage of moving money. Key takeaways The platform combines fiat and stablecoin accounts, conversion, cards and bank payouts. Nuvei, Marqeta, Ontop, Beem and Almond FinTech are early integrators. Mastercard Move connects the service to more than 17 billion endpoints. The platform is available through BVNK.

Source: The Cryptonomist