On the 16th, U.S.-based Marqeta, which provides card issuance and payment processing infrastructure for enterprises, announced that it will enable its clients, both cryptocurrency-related and non-cryptocurrency companies, to issue 'stablecoin-backed cards' using the infrastructure of cryptocurrency exchange Coinbase. Cardholders can use their stablecoin balances for everyday payments at millions of merchants worldwide.
According to Marqeta, the background of this partnership lies in the digital...
