zerohash and Marqeta partner to let stablecoin balances be spent via payment cards

What happened

• Specific facts/numbers: The companies said on July 22, 2026 that Marqeta will integrate zerohash’s stablecoin infrastructure so users can spend digital dollar balances at tens of millions of merchants; the release also said stablecoin monthly transaction volume reached $7.2 trillion in February 2026, zerohash’s 2025 transaction volume grew 690% year over year with transaction frequency up 208%, and Marqeta processed nearly $400 billion in 2025.
• Institutions involved: zerohash, Marqeta, card-network and banking partners, and merchants globally are the core parties named; the release also references zerohash customers such as Gusto, Worldpay, Interactive Brokers, Kalshi, and tastytrade.
• Regulatory/technical context: zerohash is positioned to handle custody, compliance, and liquidity for onchain money custody and movement, while Marqeta handles card issuance, acceptance, and bank/network relationships; the companies said this is meant to let customers add stablecoin payments without rebuilding core systems or taking on new regulatory burden.
• What to watch next: Watch for the actual rollout of multinatonal or stablecoin-backed card programs by Marqeta customers and any jurisdiction-by-jurisdiction availability limits; no specific launch date or next milestone was identified in the materials read.