Euronet and Fireblocks Partner for Stablecoin Card Issuing
Euronet and Fireblocks have announced a partnership to launch stablecoin-backed card issuing services for banks and fintech companies.
Payments and transaction processing provider Euronet has teamed up with digital asset infrastructure platform Fireblocks to introduce stablecoin-backed card issuing capabilities, according to FF News. The collaboration aims to enable banks and fintech companies to offer digital asset-backed payment solutions to their customers.
Partnership Scope
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The initiative connects Euronet's global processing network with the institutional-grade custody and tokenization infrastructure provided by Fireblocks. This integration is designed to facilitate the issuance of payment cards backed by stablecoins.
Key facts
- Euronet and Fireblocks announced a partnership for stablecoin-backed card issuing.
- The offering targets banks and fintech companies.
- The infrastructure combines Euronet's payment network with Fireblocks' digital asset tools.
Source: news.google.com
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