ZeroHash and Marqeta Partner to Enable Stablecoin Spending on Card Networks
zerohash and Marqeta (NASDAQ: MQ) announced a partnership on Jul 22, 2026, to integrate zerohash's stablecoin infrastructure into Marqeta's card issuing platform. The collaboration enables Marqeta customers to embed stablecoin payments directly into new and existing financial products without rebuilding core systems or assuming additional regulatory burden. Stablecoin monthly transaction volume reached $7.2 trillion in February 2026, surpassing U.S.
ACH volume for the first time. On zerohash's platform, transaction volume grew 690% year-over-year in 2025, while transaction frequency rose 208%. Marqeta already powers crypto-linked debit cards in the U.S. and Europe, and the partnership extends those capabilities to both crypto and non-crypto companies.
Financial terms were not disclosed.
- Accelerates mainstream adoption of stablecoin payments by leveraging existing card network infrastructure rather than requiring new consumer behavior
- Positions Marqeta as an embedded card issuer bridging traditional and crypto payment rails, intensifying competition with legacy processors