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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 programs.
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 immediately into each new and current monetary merchandise. The mixing of zerohash’s stablecoin infrastructure into Marqeta’s card issuing capabilities means organizations will profit from the power to supply stablecoin funds to prospects with out having to rebuild core programs or settle for further regulatory burdens.
“Our prospects are constructing the following technology 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 can give our prospects a full resolution to ship multinational and stablecoin-backed card applications that meet the wants of their customers, whereas additionally being compliant and prepared for international scale.”
Courtesy of the collaboration, Marqeta prospects will be capable of spend their digital {dollars} at tens of tens of millions of retailers all over the world utilizing an ordinary fee 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 providers. In February of this yr, 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 primarily based on crypto holdings, Marqeta will now be capable of develop its capabilities to allow crypto and non-crypto firms to make stablecoin-based funds part of their providing.
“Compatibility between stablecoins and conventional fee networks is a important 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 permits 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 belongings, 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 providers with Simply-in-Time (JIT) funding and dynamic spend controls. Marqeta’s options allow companies to rework real-time information into customized, optimized options to boost client loyalty, capital effectivity, and extra. Processing practically $400 billion in annual fee quantity in 2025, Marqeta operates in additional than 40 nations all over the world.
Marqeta’s partnership announcement with zerohash comes because the agency experiences 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 deliver its resolution to prospects within the UK and EU.
“Companies throughout Europe are in search of expense administration instruments which might be easy, automated, and designed to save lots of them money and time,” Expensify Chief Technique Officer Daniel Vidal stated. “Via our expanded partnership with Marqeta, we’re capable of deliver our confirmed company card capabilities to Europe, delivering the identical high-quality spend administration options our US prospects depend on to companies of any measurement throughout the area.”
Photograph by Journey with Lenses from Pexels
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