Euronet and Fireblocks Power the Next Era of Mainstream Payments with Stablecoin-Funded Card Issuing
Key Highlights
- ➤Euronet (EEFT) and Fireblocks expand partnership into stablecoin-funded card issuing
- ➤Banks and fintechs can launch white-label cards on Euronet’s Ren and CoreCard platforms
- ➤Fireblocks facilitates more than $300 billion in stablecoin volume monthly on average
- ➤Visa had more than 160 stablecoin-linked card programs live in fiscal Q2 2026
- ➤Payment volume on Visa stablecoin-linked card programs rose nearly 200% year over year
Expert Statements
Vishal Pasari, Vice President of Products & Partnerships at Euronet
“Stablecoins have fundamentally changed how money can move around the world, but their true potential will be realized when they become as easy to use as the payment products consumers and businesses already rely on every day. With our stablecoin-backed card offering, we are bringing together the speed, flexibility and global reach of digital currencies with the familiarity and acceptance of traditional card payments. Our goal is simple: enable our customers to launch innovative card programs across markets while abstracting away the complexity of digital assets, payments infrastructure and local ecosystems”
Ran Goldi, Chief Payments and Network Officer at Fireblocks
“A decade ago, stablecoins were just a trader's tool to exit Bitcoin. Today, combined with global cards, they are the ideal off-ramp for digital assets”
Ran Goldi, Chief Payments and Network Officer at Fireblocks
“Euronet's Ren and CoreCard bring the issuing and processing expertise. As they advance their stablecoin strategy, Fireblocks provides the trusted infrastructure needed to deliver trust at scale”
NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global payments infrastructure company and leader in payments processing and cross-border transactions, and Fireblocks, the digital asset infrastructure company, today announced an extension of their partnership to bring stablecoins into card issuing. Under the expanded collaboration, banks, fintechs and other financial institutions can seamlessly launch their own stablecoin-funded card programs on Euronet's Ren and CoreCard issuing platforms, with Fireblocks providing the embedded wallet infrastructure that holds and moves the underlying stablecoin balances, bridging the gap between traditional fiat networks and the digital asset ecosystem.
Stablecoins are becoming a mainstream way to hold and move money across borders, but spending them still usually means converting and moving funds between accounts first. Stablecoin-backed cards remove that step by connecting stablecoin balances directly to card networks. Consumers and businesses spend anywhere cards are accepted, and merchants continue to receive local currency.
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