Singapore-based Nium launched what it describes as the first enterprise platform enabling businesses to issue stablecoin-funded payment cards simultaneously on both the Visa and Mastercard networks, announced on March 30, 2026. The launch positions Nium at the intersection of digital asset infrastructure and mainstream card payments at a time when stablecoin regulatory frameworks across the US, EU, and Asia Pacific are advancing toward formal implementation.
Key Facts At A Glance
- Nium launched its stablecoin card issuance platform on March 30, 2026, via a press release issued from San Francisco
- The platform enables businesses to issue stablecoin-funded spending cards across both the Visa and Mastercard networks through a single API integration
- Stablecoin balances are automatically converted to fiat currency at the point of sale, without requiring merchants to adopt new technology
- Nium describes the platform as the first enterprise solution spanning both Visa and Mastercard for stablecoin card issuance
- Nium holds regulatory licenses in more than 40 countries and issues approximately 38 million card tokens annually for banks, fintechs, and enterprises worldwide
- The platform is integrated with Nium’s payout network covering more than 190 countries, enabling card spending and disbursements through one provider
- Nium states the platform compresses the time to launch a stablecoin card program from months of custom infrastructure work to days
- The global stablecoin market stood at an estimated $200 billion in circulation at the time of the announcement, according to Nium’s own figures
The Stablecoin Commerce Opportunity
With regulatory frameworks advancing in the US, EU, and across Asia Pacific, and an estimated $200 billion in stablecoins now in circulation, enterprises are no longer asking whether to hold digital dollars. The question has shifted to how to put them to work in active commerce.
That shift from a question of adoption to a question of deployment is the commercial premise on which the platform is built. The platform supports crypto-to-fiat conversion at the point of sale and can also support stablecoin settlement in markets where this is permitted. Businesses connecting via a single API can immediately issue stablecoin-funded cards globally, enabling card-based spending across the Visa and Mastercard networks while leveraging their existing acceptance infrastructure, security standards, and consumer protections.
The Infrastructure Proposition
The platform’s core value proposition centers on consolidation. Nium states it has reduced time-to-market for stablecoin card programs from months of custom infrastructure work to days. The platform handles chain-of-conversion complexity, cross-border settlement constraints, and card network compliance in a single managed layer, replacing what would otherwise require multiple vendor relationships and fragmented integrations.
The offering is tied to Nium’s payout network in more than 190 countries, giving businesses a way to manage card spending and disbursements through one provider. Nium’s licenses in more than 40 countries remove dependency on third-party banking intermediaries that add cost and extend time-to-market.
The stablecoin card platform is a native extension of infrastructure that already issues 38 million card tokens annually for banks, fintechs, and enterprises worldwide, with the network relationships, regulatory coverage, and settlement rails that the company states would take years to build independently.
Competitive And Regulatory Context
The launch arrives during a period of accelerating institutional activity in stablecoin payments. Earlier in March 2026, Mastercard agreed to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion, to connect fiat payment rails with onchain transactions. Separately, in October 2025, Visa expanded its stablecoin support to four tokens across four blockchains, allowing conversion into more than 25 fiat currencies, and already supports stablecoins including Circle’s USDC, Euro Coin, PayPal USD, and Global Dollar across networks including Ethereum, Solana, Avalanche, and Stellar.
In Singapore, the regulatory foundation is also advancing. In November 2025, MAS announced it would hold trials to issue tokenised MAS bills in 2026 and bring in laws to regulate stablecoins as it moves forward with plans to build a scalable and secure tokenised financial ecosystem. MAS finalized its stablecoin framework in August 2023, applying to single-currency stablecoins pegged to the Singapore dollar or G10 currencies, with full implementation expected in mid-2026.
Nium’s position as a Singapore-anchored payments infrastructure provider operating under the Payment Services Act places it within that evolving regulatory environment. With principal memberships across Visa and Mastercard, Nium’s customers are positioned to benefit from future stablecoin opportunities as the category matures.
CEO Statement
Prajit Nanu, CEO and Founder of Nium, said the company is building at the intersection of stablecoins, AI, and programmable money, describing the March 30 launch as an opening move toward what he sees as a next generation of payments that is faster, smarter, and built on digital currencies. Nanu stated that every enterprise holding stablecoins wants a simple, compliant way to deploy those balances without building the infrastructure themselves.
Publicly available information on specific enterprise clients already using the platform, initial transaction volumes, or partnership terms with individual banks or fintechs remains limited as of the date of this report.