Stablecoin payment and card issuer WasabiCard today announced the launch of the "Global Card Issuing Solution" (WasabiCard Local Issuing Solution). This plan helps businesses quickly establish and manage local card issuance programs in more than 100 markets worldwide through a single API, complying with regulatory requirements of different markets, offering more favorable rates, and supporting stablecoin settlements such as USDT, USDC, and Open USD.

Global Expansion, Local Issuing: Comply with Local Regulations for More Stable Issuance and Smoother Card Usage

Ray Yang, Co-founder and CEO of WasabiCard, stated: “When enterprises expand their global business, they often have to issue cards from one market, hoping this model applies similarly elsewhere, which increases friction in compliance, payment acceptance, and costs. With the 'Global Card Issuing Solution', businesses can use one API to assist their enterprise clients in establishing local card issuance programs in over 100 markets, while also allowing them to flexibly choose stablecoin settlements, create branded experiences, and provide familiar payment methods.”

The "Global Card Issuing Solution" has implemented partnerships with local financial institutions in various global regions through WasabiCard's underlying infrastructure, enabling businesses to use different regional BINs and quickly establish card programs around local issuance systems while expanding international business. By utilizing local card issuance, the "Global Card Issuing Solution" helps businesses reduce cross-border fees and foreign exchange costs, achieve more competitive rates, and enhance payment experiences.

One Connection, Flexibly Meet Different Market Card Issuing Needs

Businesses only need to complete one API integration to issue and manage cards across markets, manage the card lifecycle, and set control rules for the card issuance program. At the same time, companies can adopt appropriate local card issuance structures based on the needs of different markets. After submitting the necessary documentation and completing KYB, compliance, and partner reviews, accounts can be opened in as little as 24 hours.

Companies can choose corporate BINs or personal BINs according to business needs, while cardholders can use virtual or physical cards through Apple Pay or Google Pay. They can also choose white-label services to integrate card issuance capabilities into their own products and payment processes, enhancing visibility and competitiveness of their brand while meeting local demands in different markets.

Connecting Stablecoins and Modern Fund Flows

The "Global Card Issuing Solution" combines stablecoin settlements with the card payment experience familiar to users. This solution supports settlements at the card issuance plan level using USDT, USDC, and Open USD (OUSD), while offering options for Visa and Mastercard business and personal card plans.

Compliance Controls Before Fund Availability

At WasabiCard, compliance reviews are initiated before funds can be used for consumption. We will cross-verify on-chain data to understand the source of funds and determine if they are associated with known risks such as fraud or stolen assets. We will reject any funding directly tied to high-risk sources; if we find indirect associations requiring further review, we will delay the deposit and the compliance team will evaluate based on the specific situation.

This mechanism helps isolate high-risk funds from card programs while ensuring that legitimate fund activities receive fair scrutiny. For card issuing partners, each decision comes with auditable record support. This traceability and accountability mechanism is an important foundation for building long-term trust.

From Team Salaries to AI Agent Subscriptions, Flexibly Manage Various Corporate Expenditures

As corporate teams, business platforms, and digital services move globally, fund disbursement and daily payments also require more flexible management. This solution covers the actual workflow of enterprises, encompassing global fund disbursement to personnel and platforms, digital advertising and AI service subscription expenditures, as well as corporate procurement and employee expense management.

For personnel and platform fund disbursements, companies can issue salaries or operational funds to Web3 team members, contractors, and partners located in different regions. Content platforms, live streaming platforms, and guilds can also be used to settle creator revenues, commissions, profit-sharing, and incentive payments. Human resources companies, labor dispatch agencies, and flexible employment platforms can manage cross-regional disbursements for employees and workers.

Digital business expenditures are also continuously expanding. Businesses can batch create and manage cards by advertising accounts, teams, or marketing activities for advertising on digital media platforms. For teams using various cloud services, generative AI tools, and AI Agents in daily use, companies can also manage subscription payments through cards, making service costs clearer and easier to coordinate. Additionally, companies can configure cards and set budgets for procurement, employee daily expenses, travel, and other business expenditures, making tracking and management of various costs easier.

To date, WasabiCard has served over 700 corporate clients, with a cumulative card issuance of over 700,000 cards and a transaction volume exceeding $1 billion. The company operates in over 200 countries and regions worldwide and supports more than 70 card BINs.

About WasabiCard

WasabiCard is a global payment infrastructure platform that provides card issuance, global payment, and cross-border payment capabilities for businesses, fintech companies, and internet-native businesses through stablecoin-driven financial infrastructure. The platform supports global card issuance, multi-currency settlements, stablecoin deposits, and embedded payment capabilities, designed for modern global business scenarios. WasabiCard widely serves in various payment scenarios, including advertising spends, AI tool and SaaS subscriptions, global payroll, fund management, and digital financial applications.

Follow WasabiCard on official X and LinkedIn for the latest product updates, partnership developments, and industry insights into the future of stablecoin payments.

Disclaimer

This article is for general information and educational purposes only. It does not constitute any legal, tax, financial, or other professional advice from WasabiCard, nor should it be used as a substitute for professional advice in that regard. WasabiCard makes no representations, warranties, or guarantees, expressed or implied, regarding the accuracy, completeness, adequacy, or timeliness of the content of this article. To suggest content updates, please contact us at [email protected].