# Column Expands Stablecoin and Card Issuing Services

**Published:** 2026-09-17T13:23:22.260Z  
**Topic:** Banking  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/c8e8d247-f24d-488f-8fb4-698c45082dfa

Column has launched four new financial products, including stablecoin conversion and card issuing, aiming to combine banking, processing, and capital for

Column, a banking infrastructure provider, has launched four new financial products designed to integrate stablecoin transactions, card issuing, global banking, and multicurrency accounts onto a single platform [2]. The expansion positions Column to compete with established players like Mastercard and Marqeta in the financial technology infrastructure market [1].

| At a glance | |
|---|---|
| New Products | Stablecoin conversion, card issuing, global banking, multicurrency accounts [2] |
| Stablecoin Support | USDC, USDT [1] |
| Card Networks | Mastercard, Visa [2] |
| Expected Growth | Business expected to at least double for fifth consecutive year [1] |

Column's new offerings allow for 24/7 instantaneous conversion between USDC or USDT and fiat currencies, with stablecoin addresses and bank accounts existing on the same ledger [1]. This infrastructure aims to simplify how fintech companies manage crypto and traditional dollar transactions, eliminating the need to integrate separate banks, processors, and payment providers [2]. CEO William Hockey stated the launch on September 16 represents the completion of a multi-year effort to build the underlying components for financial products [2].

## Integrated Financial Infrastructure

The core of Column's expanded suite is its proprietary issuer processor, which combines banking, processing, and capital into a single integration [2]. This contrasts with the traditional model where fintech partners often combine a sponsor bank, a separate processor, and a capital provider [2]. Column, which acquired Northern California National Bank in 2021 and renamed it, has been providing banking infrastructure for startups including Ramp, Bilt Technologies, Wise, and Mercury [1].

The card issuing service supports debit, credit, and stablecoin-backed cards on both Mastercard and Visa networks [2]. This aligns with broader industry trends; Visa reported over 160 stablecoin-linked programs active in its fiscal second quarter, with payment volume up nearly 200% year-over-year [2]. Mastercard has also expanded its settlement network to include six regulated stablecoins, enabling settlement outside traditional banking hours [2].

Column's global banking product extends account and card issuance to verified international customers, allowing companies to offer accounts and cards in U.S. dollars or local currencies using the same infrastructure [2]. The multicurrency accounts enable customers to receive, hold, and send money in various foreign currencies, with instant conversion to dollars and integration with international payment networks like SEPA Instant [2].

## Market Adoption and Competitive Landscape

Column asserts that its new products are already processing billions of dollars for fintech firms such as Ramp, Brex, Bilt, Mercury, Slash, and Kapital [2]. The company reported $350 million in net revenue so far this year and anticipates at least doubling its business for the fifth consecutive year [1]. This suggests that businesses previously combining multiple providers are now consolidating on a single platform [2].

The move positions Column against companies like Mastercard’s BVNK and Marqeta, as well as rivals such as Lead Bank and Cross River Bank, which are also expanding their fintech relationships [1]. The company's strategy is to address the challenge fintechs face in connecting crypto rails, bank accounts, and card networks without relying on multiple vendors [2].

## What to watch

*   Monitor the adoption rates of Column's new services among fintech companies and the reported transaction volumes.
*   Observe how competitors like Mastercard, Marqeta, Lead Bank, and Cross River Bank respond to Column's integrated offerings.
*   Track the expansion of Column's global banking services into new jurisdictions and the specific currencies supported.

Column's integrated approach aims to streamline the complex process of bridging stablecoin transactions with traditional banking and card networks, potentially reshaping how fintechs build and deliver financial products globally.

## Sources
1. Crypto Briefing — [Column expands offerings to compete with Mastercard and Marqeta in stablecoin card services](https://cryptobriefing.com/column-stablecoin-card-issuing-mastercard-marqeta/)
2. En — [Stablecoin Infrastructure Powers Column's New Financial Suite](https://en.cryptonomist.ch/2026/09/17/stablecoin-infrastructure-column/)
3. KuCoin — [Column Launches Four Financial Products to Enable Stablecoin and USD Payment Interoperability | KuCoin](https://www.kucoin.com/news/flash/column-launches-four-financial-products-to-enable-stablecoin-and-usd-payment-interoperability)

---
Cite as: TrendWatcher, "Column Expands Stablecoin and Card Issuing Services", https://www.trendwatcher.in/article/c8e8d247-f24d-488f-8fb4-698c45082dfa