Marqeta, zerohash Team Up to Bring Stablecoins to Card Payments
Stablecoins have grown as a tool for moving and settling digital dollars, but using them for everyday purchases still requires a bridge to conventional card networks and fiat settlement. The partnership between modern card-issuing platform Marqeta and crypto infrastructure provider zerohash is designed to close that gap, allowing banks, fintechs and crypto companies to offer stablecoin-backed cards without rebuilding their core systems or separately managing the underlying compliance infrastructure.
Marqeta and zerohash announced the integration on July 22, 2026. zerohash will handle custody, compliance and liquidity for onchain funds, while Marqeta will oversee card issuance, acceptance, and relationships with banks and payment networks. Users will be able to spend digital-dollar balances at tens of millions of merchants worldwide, with merchants receiving fiat currency. Stablecoin transaction volume reached $7.2 trillion in February 2026, topping the US ACH network’s $6.8 trillion for the first time. Marqeta processed nearly $400 billion in payment volume during 2025.
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The history behind this eventVisa Expands Direct Stablecoin Payouts With Zerohash
Visa Direct is Visa’s global money-movement platform, connecting businesses to eligible cards, bank accounts and digital wallets. Adding stablecoin rails could make cross-border payouts available beyond conventional banking hours, give corporate clients more flexibility in managing liquidity and allow recipients to receive dollar-denominated digital assets without relying solely on local banking infrastructure.
Visa announced its collaboration with Zerohash on Aug. 5, 2026, enabling eligible Visa Direct clients to prefund accounts with stablecoins and distribute payouts in the digital tokens. Zerohash will provide infrastructure spanning liquidity, settlement and regulatory compliance, while Visa supplies the distribution network. Visa Direct connects to more than 18 billion eligible endpoints across cards, bank accounts and digital wallets.
Marqeta Partners With BVNK on Stablecoin-Backed Cards
Stablecoins are moving beyond crypto trading into mainstream payment infrastructure, but businesses still face technical and compliance hurdles when connecting digital-dollar wallets to conventional card networks. Marqeta’s partnership with BVNK aims to bridge that gap by combining stablecoin and fiat infrastructure with established card-issuing rails, allowing users to spend digital-dollar balances while merchants continue accepting payments through existing systems.
The companies announced the integration on Sept. 9, 2026. BVNK will provide the stablecoin infrastructure, while Marqeta will handle card issuance and relationships with banks and payment networks, enabling round-the-clock settlement and spending wherever Mastercard is accepted. Marqeta processed nearly $400 billion in annual payment volume in 2025, while BVNK operates across more than 130 countries. BVNK’s 2026 Stablecoin Utility Report also found that 77% of surveyed crypto users would open a stablecoin wallet through their main bank or fintech app if offered.
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