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      Mastercard and BVNK Launch Global Money Platform, Integrating Fiat and Stablecoin Payments

      PANews, October 16 — According to Mastercard's official website, Mastercard and BVNK have announced the launch of the Mastercard Global Money Platform. The platform integrates Mastercard's global payment capabilities with BVNK's stablecoin infrastructure through a single API. This is the first major integration between the two parties following Mastercard's completion of its acquisition of BVNK in August. Banks, fintech companies and enterprises can embed multi-currency fiat and stablecoin accounts, real-time conversion, stablecoin-linked cards and local bank payments via Mastercard Move into their own products. Stablecoin balances can be spent at Mastercard's hundreds of millions of merchant locations, with card issuance covering more than 130 countries. Nuvei, Marqeta and others will be among the first to integrate. The platform is now live through BVNK.


      Source: PANews
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