Global payments firm Nium has launched a platform enabling businesses to issue stablecoin-funded cards across Visa and Mastercard networks, allowing digital dollar balances to be spent at merchants.
The system converts stablecoins into fiat at the point of sale while managing settlement, compliance and network integration through a single interface.
Nium said the platform can reduce launch times for stablecoin card programmes from months to days by consolidating key infrastructure into one integration layer.
The development comes as stablecoins gain traction globally, with consultancy Bain & Company noting growing regulatory attention as lawmakers seek clearer frameworks.
Stablecoin market capitalisation now exceeds $315 billion, with Tether’s USDT accounting for roughly 58% of the market, highlighting the scale of adoption.
Major payment networks are expanding their involvement, with Visa increasing support for multiple stablecoins and Mastercard moving to acquire infrastructure firm BVNK to strengthen onchain payment capabilities.
The launch reflects accelerating momentum in bridging crypto and traditional finance, as firms race to integrate stablecoins into everyday payment systems.