The integration will enable Marqeta’s customers to embed stablecoin capabilities into wallets, cards and everyday financial products. Together, the companies are unlocking stablecoin spendability to allow users to transact in digital dollars at millions of merchants globally with a standard payment card.

Marqeta, the modern card issuing platform provider, processed nearly $400 billion in annual payments volume during 2025, demonstrating the depth and scale of its offering. BVNK is the stablecoin payments infrastructure provider behind more than $39 billion in annualized payment volume, helping enterprises move digital dollars globally.

The partnership is noteworthy as it connects Marqeta with two existing parts of Mastercard's network. Mastercard is one of Marqeta’s major network partners, while BVNK's stablecoin infrastructure has been part of Mastercard since its acquisition of the business in August 2026. Over time, the growing collaboration will give Marqeta's customers a path to additional Mastercard capabilities through the same integration, rather than a separate build.

Mastercard, Marqeta and BVNK are also all supporters of Open USD, a global standard for stablecoins that is collaborative, transparent and built to scale. By bringing together companies across the payments ecosystem around a common standard, Open USD will help create a shared foundation for stablecoin payments that works across networks, providers and use cases, making it easier to adopt digital dollars and scale them across payment operations.

The partnership reflects growing demand for stablecoin wallets inside mainstream financial products. Earlier this year, BVNK research found that 77% of surveyed crypto holders would open a stablecoin wallet through their primary bank or fintech app if one were available. The partnership gives Marqeta customers access to stablecoin infrastructure without having to build and operate it themselves. This can be even more powerful with attached card credentials that allow users to spend wherever Mastercard is accepted.