Mastercard and BVNK have launched the Mastercard Global Money Platform, which integrates fiat currencies and stablecoins into a single system via a single API. Banks, fintech companies, and enterprises can use this to build branded accounts and payment products without needing to integrate with separate service providers at each step of the funds flow.
Mastercard stated in a press release that this launch represents the first major integration of both companies' capabilities since Mastercard acquired BVNK in August 2026. The product combines Mastercard’s payment network infrastructure with BVNK’s stablecoin technology.
How does the Mastercard Global Money Platform integrate these services?
The Mastercard Global Money Platform enables businesses to embed accounts and payments into their own products and offer them under their own brand. Businesses can also use this infrastructure directly to manage funds, process payments, and handle settlements.
This modular approach allows customers to select only the features they need and add more as new capabilities become available. The company says this reduces the need to connect separate service providers for different parts of the payment process.
The platform is now live through BVNK, offering services including holding funds, exchanging funds, sending and receiving payments, as well as spending and earning features.
Multi-currency accounts, cards, and local bank withdrawals
The platform's core account can hold fiat currency and stablecoins simultaneously, with exchanges processed through the same API. Its payment capabilities include real-time conversion, stablecoin-linked cards, and local bank withdrawals.
Businesses can offer accounts under their own brand.
Fintech companies and technology platforms can integrate multi-currency accounts, enabling customers to hold income, exchange balances, and make payments all in one place. The accounts also support configurable rewards and other account features.
Meanwhile, banks, fintech companies, and enterprises can also use the same infrastructure to manage their own financial operations, not just to serve customers.
Stablecoin balances can be integrated with traditional payment systems.
Integration with Mastercard Move enables users to fund payments using their stablecoin balances, while recipients receive local currency directly in their bank accounts. This service connects the platform to Mastercard’s broader funds transfer capabilities.
Customers can also spend their stablecoin balances through a global card acceptance network that covers hundreds of millions of merchant locations. Card issuance services are available in over 130 countries and regions.
Early Access Partners and Network Expansion Plan
Nuvei and Marqeta are among the first companies planning to integrate with the platform, along with Ontop, Beem, and Almond FinTech. The press release states that the service provides customers with greater flexibility to accept, manage, and transfer funds across different markets.
Nuvei Chairman and CEO Phil Fayer said that partnering with these two companies will help bring stablecoin capabilities to more businesses and expand their options for funds management and transfer.
According to the press release, Mastercard Move covers over 1.7 billion endpoints, and is expected to expand by 2027 to more than 200 countries and regions, supporting over 40 currencies.
Strategy surrounding multiple forms of currency
The platform is part of Mastercard’s strategy to connect traditional currencies with digital currencies, rather than managing them through separate systems. Raj Dhamodharan, Executive Vice President responsible for blockchain and digital assets, described interoperability as central to this approach.
“We believe the future of commerce will be built on interoperability between multiple forms of currency,” he said in the press release.
Dhamodharan also linked this release to the company’s multi-currency strategy and next-generation programmable commerce. The platform toolkit encompasses sending, receiving, exchanging, storing, spending, and earning.
This article was generated with the assistance of artificial intelligence and reviewed by the editorial team.