Ex-Revolut Staffers Team With Mastercard To Take Stablecoins Mainstream

Fed’s Powell reasserts support for stablecoin legislation

“Stablecoins are a digital product that could actually have fairly wide appeal and should contain consumer protections,” Powell said. As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell.In an April 16 panel at the Economic Club of Chicago, Powell commented on…

Mastercard Backs Bleap To Let Users Spend Stablecoins Directly - FinanceFeeds

Bleap, a fintech startup offering blockchain-based “bank accounts,” entered a partnership with Mastercard to expand stablecoin use within conventional payment systems. The move allows other wallet providers to plug directly into Mastercard’s global network using Bleap’s infrastructure. Founded by former Revolut employees Joao Alves and Guilherme Gomes, Bleap has quickly grown since launching its beta platform in December. The company claims it h…

Bleap Partners With Mastercard to Connect Stablecoin Payments to the Financial Mainstream

Bleap has partnered with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial infrastructure more efficiently. After the launch of its non-custodial wallet in December with 1-click access to DeFi yields, no fees for buying and selling stablecoins, the card launch reinforces Bleap’s position as a go-to self-custodial payments app.

Key Points of the News Innovative Alliance: Mastercard and Bleap come together to integrate stablecoins into daily payments through the combination of Mastercard's global network with Bleap's unguarded wallet, based on blockchain. Fluid chain transactions: Its solution allows direct spending of chain stablecoins, eliminating complex conversions, and includes a Mastercard debit card that offers a 2% refund. Global launch: Initially focusing on Eu…

Bleap Partners with Mastercard

Bleap has partnered with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial infrastructure more efficiently. After the launch of its non-custodial wallet in December with 1-click access to DeFi yields, no fees for buying and selling stablecoins, the card launch reinforces Bleap’s position as a go-to self-custodial payments app. The partnership allows cardholder…

Ex-Revolut Staffers Team With Mastercard To Take Stablecoins Mainstream

Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched by former Revolut dup Joao Alves and Guilherme Gomes, Bleap has been operating in be…