Column launches stablecoin payment infrastructure

• Column has launched four financial infrastructure products covering stablecoins, cards, global banking and multicurrency accounts.
• Businesses can convert USDC and USDT into US dollars and connect funds to payment networks around the clock.
• The platform combines banking, processing and payment services through one integration for fintech companies.

Column has launched four financial infrastructure products that connect stablecoins with banking and payment services.

The new platform lets businesses convert USDC (CRYPTO:USDC) and USDT (CRYPTO:USDT) into US dollars and move funds through payment rails.

“Global banking,” William Hockey posted when announcing the wider rollout, describing accounts and cards for verified customers worldwide.

Column said its stablecoin service can receive and send USDC and USDT while connecting them with dollar accounts and payment networks.

One example converts USDC into dollars before splitting the funds between FedNow, SWIFT and other payment destinations.

The company has also launched card issuing, global banking and multicurrency accounts using the same underlying infrastructure.

Column co-founder William Hockey said the four products are already moving billions of dollars for fintech companies, although Column has not disclosed individual volumes.