WasabiCard to Showcase Stablecoin-Powered Global Payment Infrastructure at TOKEN2049 Singapore

WasabiCard is positioning its stablecoin-powered infrastructure at the center of global enterprise payments as a Gold Sponsor of TOKEN2049 Singapore 2026. By bridging digital asset liquidity with traditional banking networks across 200 countries, the firm is addressing the critical friction points in cross-border settlement and corporate spending for over 700 business clients.

What was announced

WasabiCard is showcasing its suite of embedded payment solutions, specifically targeting fintech platforms and global enterprises. The offering centers on a compliance-focused white-label infrastructure that allows businesses to issue both virtual and physical cards under their own branding. This system integrates directly into existing workflows via API, providing tools for bulk issuance, transaction tracking, and sophisticated risk management.

The platform’s technical architecture connects stablecoin liquidity with local banking networks, facilitating transactions in more than 30 fiat currencies. This allows eligible businesses to fund cross-border payments using stablecoins, which are then converted into local fiat for settlement into same-name bank accounts. The service is designed to support a variety of high-volume use cases, including media buying, Online Travel Agency (OTA) operations, SaaS subscriptions, and corporate spending.

For specific markets and programs, the infrastructure supports dedicated Bank Identification Number (BIN) arrangements and integration with mobile wallets like Apple Pay and Google Pay. Currently serving more than 700 business customers, WasabiCard aims to demonstrate how its scalable infrastructure can manage complex fund flows across international borders while maintaining strict compliance standards. At TOKEN2049, the company is engaging with payment networks and financial institutions to discuss the convergence of stablecoin settlement and traditional global issuing.

"The long-term value of stablecoin payments for enterprises will be measured by compliance capabilities, system integration, and coverage of real business needs,"

Ray Yang, Co-founder and CEO of WasabiCard.

The companies involved

WasabiCard operates as a global payment infrastructure provider, specializing in the intersection of stablecoin technology and traditional financial systems. The company has established itself as a bridge between the digital asset ecosystem and local banking networks, enabling internet-native businesses and traditional enterprises to navigate the complexities of multi-currency settlement. By focusing on the infrastructure layer, WasabiCard provides the underlying technology for card issuance and cross-border fund distribution, allowing its clients to maintain their own brand identity through white-label solutions.

The firm’s market position is defined by its ability to handle "same-name" bank account settlements, a feature that addresses significant regulatory and operational hurdles in international finance. Led by Co-founder and CEO Ray Yang, the company has scaled its operations to support business use cases in over 200 countries and regions. This global reach is supported by a robust API-driven platform that manages the conversion of stablecoin funding into fiat currency, catering to the needs of modern commerce where speed and liquidity are paramount.

What FF News has reported before

FF News has closely followed WasabiCard’s expansion into specialized payment sectors throughout 2026. In September, we covered how the company began to Scale Stablecoin Payment Infrastructure for Global Creator Economy, specifically focusing on livestreaming businesses. This followed a report on how WasabiCard Scales Global Creator Payouts to streamline earnings for digital talent. Earlier in the year, the firm addressed the needs of distributed teams by launching a global payroll solution designed to simplify cross-border compensation. Additionally, the company strengthened its leadership team in July by appointing former Visa executive Matt Price as Global Partnership Director, signaling a strategic push toward deeper integration with traditional payment networks.

What this means

The move to sponsor a major industry event like TOKEN2049 highlights a broader shift in the fintech sector: stablecoins are moving from speculative assets to essential enterprise tools. By focusing on white-label infrastructure and "same-name" settlements, WasabiCard is challenging traditional correspondent banking models that are often slow and expensive. The industry is now under pressure to provide seamless links between blockchain-based liquidity and local fiat rails. The success of such platforms will likely depend on their ability to satisfy rigorous global compliance standards while maintaining the speed advantages of digital assets. This announcement raises questions for traditional banks about how they will compete with or integrate these agile, stablecoin-native payment corridors.