Marqeta and zerohash have announced a strategic partnership to accelerate stablecoin adoption by integrating compliant stablecoin infrastructure with modern card issuing capabilities. The collaboration enables financial institutions and fintech companies to embed stablecoin payments into existing and new financial products without overhauling their core infrastructure or navigating additional regulatory complexities.
The partnership comes at a time when stablecoin usage is reaching record levels across the financial services industry. In February 2026, stablecoin monthly transaction volume reached $7.2 trillion, exceeding the U.S. ACH network's $6.8 trillion monthly volume for the first time.
zerohash also reported significant platform growth during 2025, with transaction volume increasing by 690% year-over-year and transaction frequency rising by 208%. The company currently powers instant global payouts for organizations including Gusto and Worldpay, while also supporting real-time account funding for Interactive Brokers, Kalshi, tastytrade, and other financial platforms.
Marqeta has established itself as a leading card issuing platform for crypto-native businesses across the United States and Europe. Its technology enables users to spend fiat currency backed by crypto holdings while earning crypto rewards.
Through this collaboration, Marqeta will expand beyond crypto-native use cases by enabling both traditional financial institutions and fintech companies to launch stablecoin-backed payment products. During 2025, Marqeta processed nearly $400 billion in payment volume, demonstrating the scale of its global payment infrastructure.
The integration allows consumers to spend digital dollar balances at tens of millions of merchants worldwide using traditional payment cards. Merchants continue receiving fiat currency through existing payment networks without requiring any operational changes.
Under the partnership:
"Our customers are building the next generation of financial products, and that requires new ways to manage and move money," said Anthony Peculic, Interim Chief Product Officer at Marqeta. "By integrating with zerohash, we will be able to give our customers a full solution to deliver multinational and stablecoin-backed card programs that meet the needs of their users, while also being compliant and ready for global scale."
"Compatibility between stablecoins and traditional payment networks is a critical unlock for users' onchain money, while also opening new opportunities for traditional businesses through stablecoin-backed cards," said Edward Woodford, Founder & CEO of zerohash. "zerohash's role is to abstract the complexity behind the scenes so stablecoins can be leveraged as a seamless part of everyday payments and money movement."
The partnership reflects the growing convergence between traditional payment infrastructure and blockchain-based financial services. By combining compliant stablecoin infrastructure with scalable card issuing technology, Marqeta and zerohash aim to help financial institutions launch globally accessible payment experiences while reducing operational complexity and accelerating adoption of digital assets.
zerohash is a leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enable innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization, and on/off-ramps. The company has a global regulatory footprint across the EU, Latin America, Australia, New Zealand, Bermuda, and the U.S., and operates regulated entities in 51 U.S. jurisdictions. For more information, visit zerohash.com.