Nium, a payment infrastructure company, has unveiled a new stablecoin card issuance platform that enables businesses to issue payment cards backed by stablecoin funds through Visa and Mastercard networks. The platform facilitates real-time conversion of stablecoin balances to fiat currency at the point of sale and streamlines settlement, compliance, and network access. This innovation aims to reduce the launch time for stablecoin card projects from several months to just a few days.
Nium Launches Stablecoin Card Issuance Platform for Visa and Mastercard
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