Euronet, Fireblocks Partner on Stablecoin-Funded Cards

The partnership will support cards that can be funded with stablecoins, digital tokens designed to maintain a stable value against a reference asset such as the U.S. dollar.

The companies did not disclose launch markets, supported stablecoins, participating card issuers or the timing of the first card programs. They also did not say whether the cards will be offered directly to consumers or through financial institutions and other businesses.

Euronet provides electronic payments, money transfers and payment-processing services. Fireblocks develops infrastructure for storing, transferring and managing digital assets.