Mastercard and BVNK have launched the Global Money Platform, connecting fiat and stablecoin payments through a single interface. Nuvei, Marqeta, and others are among the first to sign on.
Payment giants once treated stablecoins as something new and unfamiliar. Now they’re adding them directly to the toolkit businesses use to collect payments, exchange currencies, and settle transactions. Users may not care which blockchain a transaction runs on; what matters is whether they can collect and send money easily.
Whether platforms like this can scale won’t depend on how much buzz their launch generates, but on whether businesses keep using them.