Mastercard Lets Businesses Spend Stablecoins at Hundreds of Millions of Merchants

Mastercard launched Global Money Platform on Oct. 15, its first major product built with BVNK since acquiring the firm in August. Businesses can hold fiat and stablecoins, issue cards in 130-plus countries, and pay out to local bank accounts. Mastercard Move reaches over 17 billion endpoints, with wider currency coverage planned for 2027.