Mastercard and BVNK launched the Mastercard Global Money Platform on October 15, 2026, to combine traditional fiat currencies and stablecoins into a unified payments infrastructure.
The launch of the Global Money Platform marks the first major product integration between Mastercard and BVNK since Mastercard completed its acquisition of BVNK in August 2026.
The Mastercard Global Money Platform allows customers to spend stablecoin balances across hundreds of millions of merchant locations on Mastercard's global payments network.
The Mastercard Global Money Platform is accessible directly through BVNK via a single application programming interface (API).
The Mastercard Global Money Platform allows banks, fintechs, and enterprises to embed multi-currency accounts holding both fiat and stablecoins into their own products under their own brands.
Nuvei, Marqeta, Ontop, Beem, Almond FinTech, and Bolt Group are among the first companies planned to integrate the Mastercard Global Money Platform.
Card issuing for stablecoin-linked cards on the Mastercard Global Money Platform is available across more than 130 countries.
The platform integrates Mastercard Move to convert stablecoin balances into local currency payouts delivered directly into bank accounts across more than 17 billion endpoints.
Mastercard plans to expand its local payout currency coverage to more than 40 currencies across over 200 countries and territories in 2027.
Mastercard's acquisition of BVNK was valued at up to $1.8 billion, including contingent payments.
The platform features real-time fiat and stablecoin conversion, stablecoin-linked cards, and direct treasury, payments, and settlement management.
The platform includes send, receive, convert, store, spend, and earn capabilities, with plans to support tokenized deposits and autonomous AI agent commerce.
Mastercard originally announced its plan to acquire stablecoin financial infrastructure firm BVNK in March 2026 before finalizing the deal in August 2026.
The platform uses a modular design that lets enterprise customers adopt individual payment services without connecting separate underlying infrastructure providers.
