Based in Sydney, Australia, Stables (formerly Tiiik) is a digital wallet that allows users to spend, send and earn stablecoins, all on one balance. With Marqeta’s dynamic spend controls and Just-in-Time funding capabilities, Stables’ customers will be able to convert stablecoins into fiat and spend wherever Mastercard cards are accepted online and in-store globally.
“Australia has historically been at the forefront of consumer adoption for new technologies, and crypto payments are a prime example of the next wave of innovation that’s accelerating in the APAC region,” said Duncan Currie, Country Manager for Australia and New Zealand, Marqeta. “We’re proud to partner with Stables and Mastercard to enable them to create more flexible payment options for their customers with our APIs.”