Bakkt taps Thredd for stablecoin-settled credit card-as-a-service
- —Bakkt launches a US credit card-as-a-service programme settling in stablecoins
- —Thredd will serve as the issuer processing partner
- —The offering follows a card-as-a-service model
Why it matters: It expands stablecoin use into mainstream card payments, tightening the link between crypto and traditional finance.
Source: Finextra Crypto