Nium Launches Stablecoin Card Issuance Platform
New API enables businesses to spend stablecoins globally through Visa and Mastercard networks
Global payments company Nium has launched a new platform designed to bring stablecoins into everyday spending.
The company announced Monday that it is rolling out a stablecoin card issuance platform, enabling businesses to issue payment cards funded by stablecoin balances through a single API integration. The cards can be used across both Visa and Mastercard networks, allowing stablecoins to be spent at hundreds of millions of merchant locations worldwide.
The platform is designed to connect digital dollar balances with existing financial infrastructure rather than replace it. Through Nium’s system, companies can integrate stablecoin payments into familiar card-based experiences without managing multiple providers or building custom payment flows.
The offering supports stablecoin settlement where available, while also enabling payouts and card-based spending directly from crypto-denominated balances. Nium said the goal is to extend the utility of stablecoins by combining them with the reach and reliability of established payment networks.
With roughly $200 billion in stablecoins now in circulation, businesses are increasingly exploring how to operationalize digital dollars rather than simply hold them.
Industry research suggests that companies are approaching stablecoins cautiously. 88% of businesses receiving stablecoins convert them into U.S. dollars immediately, treating them as a faster settlement mechanism rather than a long-term store of value.
With many companies remaining more comfortable working with traditional financial institutions than crypto-native solutions, stablecoins are being positioned less as a replacement for traditional finance and more as an additional layer within it.
