Marqeta and zerohash make stablecoins spendable on cards

This partnership between Marqeta and Zero Hash is about making digital currency work like cash at your checkout counter. For retailers, this means the technical barriers to accepting stablecoins are disappearing. Instead of worrying about complex crypto wallets, customers can now use stablecoins for everyday purchases through traditional payment cards. The integration happens on the backend, allowing a customer’s digital assets to be converted into fiat currency instantly at the point of sale. For your business, this expands the definition of 'available credit' or spending power. You don't need to change your hardware or software to accept these payments. Marqeta’s infrastructure handles the conversion, so you receive standard currency while the customer spends their digital assets. As stablecoins become more mainstream for payroll and savings, offering this flexibility can help capture a younger, tech-forward demographic. It reduces the friction between a customer holding digital assets and making a high-ticket purchase in your store. This is a move toward a more 'liquid' consumer who can tap into non-traditional funds as easily as a checking account.

Source: Finextra — Lending

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