WasabiCard stablecoin payment infrastructure scales creator payouts across 200 countries
WasabiCard has expanded its stablecoin-based payment infrastructure to support bulk payouts for livestreaming agencies and MCNs across 200 countries. The platform enables businesses to fund operations with stablecoins and settle in over 30 local fiat currencies via an API-integrated dashboard.
Key Takeaways
- Supports bulk payouts to creators, hosts, and production teams across 200 countries and regions.
- Enables conversion of stablecoin funding into 30 different local fiat currencies for direct-to-bank settlement.
- Provides virtual and physical cards for managing travel, equipment, and advertising expenses within one dashboard.
- Integrates with existing payroll and creator-management systems through a dedicated API.
Why It Matters
The expansion of WasabiCard stablecoin payment infrastructure signals a shift toward using digital assets as functional middleware for the global creator economy. By facilitating high-volume, low-value cross-border transactions, the platform addresses a specific pain point where traditional banks often struggle with high fees and slow settlement times. This move places direct pressure on legacy remittance providers and traditional payroll firms that have not yet adopted blockchain-based settlement layers. As livestreaming platforms increasingly rely on distributed global talent, this hybrid model could become the standard for multi-currency distributions. Watch for whether central bank digital currencies eventually challenge these private stablecoin solutions as regulatory frameworks for digital assets evolve.
Additional Context
WasabiCard enters a rapidly growing market for stablecoin-based cross-border payments targeting digital creators and gig workers. In March 2026, Circle announced that USDC settlement volume had surpassed $30 trillion cumulatively, driven in part by remittance and payroll use cases in emerging markets where traditional banking rails remain expensive. The company's Arc blockchain, launched in late 2025, was specifically designed to support institutional payment flows, positioning Circle as infrastructure provider for companies like WasabiCard that build payout layers on top of stablecoin rails. Meanwhile, Stripe completed its acquisition of Bridge in February 2026 for $1.1 billion, the largest crypto deal in history, signaling that mainstream payment processors view stablecoin payout infrastructure as a strategic priority for cross-border commerce.
Regulatory clarity around stablecoins has accelerated adoption timelines for platforms like WasabiCard. The U.S. GENIUS Act, signed into law in July 2025, established a federal framework for payment stablecoin issuers, requiring full reserve backing and monthly audits. This legislation gave companies building on USDC and USDT a clearer compliance path for operating in regulated markets. In the EU, MiCA regulations took full effect in December 2024, mandating that stablecoin issuers maintain reserves and obtain licenses, which has pushed payment platforms to partner with compliant issuers rather than operate their own token programs. WasabiCard's reliance on established stablecoins rather than proprietary tokens aligns with this regulatory trend.
Technical benchmarks for stablecoin settlement show meaningful cost advantages over traditional correspondent banking for high-volume, low-value transactions typical of creator payouts. A 2025 report from the Bank for International Settlements found that stablecoin-based cross-border transfers settled in under 10 seconds at median costs below $0.01, compared to 2-5 business days and $15-45 in fees for traditional wire transfers. For livestreaming agencies processing thousands of micro-payments monthly, this difference compounds significantly. TerraPay, a competing cross-border payment network, reported processing over $10 billion in annual transaction volume by mid-2025, demonstrating that the market for alternative payment rails in emerging markets has reached substantial scale. WasabiCard's focus on livestreaming-specific workflows represents a vertical specialization strategy within this broader trend.
Read full article at ffnews.com
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