Card issuing platform Marqeta has introduced a partnership with digital asset infrastructure supplier zerohash.
The collaboration will combine zerohash’s stablecoin infrastructure into Marqeta’s card issuing capabilities to allow firms to supply stablecoin funds to their prospects with out having to rebuild their core methods.
A Finovate alum since 2016, Marqeta is headquartered in Oakland, California.
Card issuing platform Marqeta and digital asset infrastructure supplier zerohash have teamed as much as allow Marqeta prospects to embed stablecoin funds instantly into each new and present monetary merchandise. The combination of zerohash’s stablecoin infrastructure into Marqeta’s card issuing capabilities means organizations will profit from the flexibility to supply stablecoin funds to prospects with out having to rebuild core methods or settle for further regulatory burdens.
“Our prospects are constructing the subsequent era of monetary merchandise, and that requires new methods to handle and transfer cash,” Marqeta Interim Chief Product Officer Anthony Peculic stated. “By integrating with zerohash, we will give our prospects a full answer to ship multinational and stablecoin-backed card packages that meet the wants of their customers, whereas additionally being compliant and prepared for world scale.”
Courtesy of the collaboration, Marqeta prospects will be capable of spend their digital {dollars} at tens of tens of millions of retailers world wide utilizing a typical cost card, with retailers paid in fiat forex. Marqeta will handle card issuance, acceptance, and financial institution and community relationships. zerohash will present the underlying infrastructure that helps custody, compliance, and liquidity for on-chain cash custody and motion.
The partnership between the 2 firms comes at a time when stablecoin adoption is accelerating all through monetary companies. In February of this 12 months, for instance, stablecoin month-to-month transaction volumes reached $7.2 trillion, topping the ACH community’s $6.8 trillion for the primary time. zerohash noticed its personal transaction quantity develop 6.9x year-over-year in 2025, with transaction frequency up greater than 2x. Having partnered with crypto firms to energy debit card choices within the US and Europe that allow spending in fiat forex based mostly on crypto holdings, Marqeta will now be capable of increase its capabilities to allow crypto and non-crypto firms to make stablecoin-based funds part of their providing.
“Compatibility between stablecoins and conventional cost networks is a crucial unlock for customers’ onchain cash, whereas additionally opening new alternatives for conventional companies by way of stablecoin-backed playing cards,” zerohash CEO and Founder Edward Woodford stated. “zerohash’s function is to summary the complexity behind the scenes so stablecoins will be leveraged as a seamless a part of on a regular basis funds and cash motion.”
A cryptocurrency, stablecoin, and tokenized asset infrastructure supplier, zerohash provides an API and an embeddable dev equipment that allows innovators to launch options for cross-border funds, commerce, buying and selling, payroll, remittance, tokenization, and on/off-ramps. Headquartered in Chicago, Illinois, and based in 2017, zerohash serves fintechs, marketplaces, banks, brokerages, buying and selling platforms, and extra with regulated crypto buying and selling and staking, real-time stablecoin funds, and tokenized monetary merchandise. The corporate helps greater than 100 completely different property, has greater than seven million finish prospects, and a worldwide regulatory footprint throughout the European Union, Latin America, Australia, New Zealand, Bermuda, and the US. The agency additionally operates regulated entities in 51 US jurisdictions.
A Finovate alum since 2016, Marqeta debuted at our developer convention, FinDEVr Silicon Valley. The Oakland, California-based fintech provides card issuing, together with digital playing cards and tokenization, in addition to processing and settlement companies with Simply-in-Time (JIT) funding and dynamic spend controls. Marqeta’s options allow companies to remodel real-time information into customized, optimized options to boost shopper loyalty, capital effectivity, and extra. Processing almost $400 billion in annual cost quantity in 2025, Marqeta operates in additional than 40 international locations world wide.
Marqeta’s partnership announcement with zerohash comes because the agency studies that it has expanded its collaboration with fellow Finovate alum Expensify. The spend administration software program platform is leveraging Marqeta’s card issuing platform to convey its answer to prospects within the UK and EU.
“Companies throughout Europe are looking for expense administration instruments which are easy, automated, and designed to avoid wasting them money and time,” Expensify Chief Technique Officer Daniel Vidal stated. “Via our expanded partnership with Marqeta, we’re capable of convey our confirmed company card capabilities to Europe, delivering the identical high-quality spend administration options our US prospects depend on to companies of any dimension throughout the area.”
Photograph by Journey with Lenses from Pexels
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