Column has rolled out a broad set of banking tools built around stablecoin infrastructure, letting fintech companies move between crypto and traditional dollars without stitching together separate banks, processors and payment providers. The company unveiled four products at once: stablecoin conversion, card issuing, global banking and multicurrency accounts, all running on a single platform it built itself.
Key takeaways
- Column launched four new financial infrastructure products covering stablecoins, card issuing, global banking and multicurrency accounts.
- $USDC and $USDT can now be converted into U.S. dollars and linked to domestic and international payment rails 24/7.
- Column built its own issuer processor, combining banking, processing and capital through a single integration.
- The products are already moving billions of dollars for fintech firms including Ramp, Brex, Bilt, Mercury, Slash and Kapital.
- Card issuing supports debit, credit and stablecoin-backed cards on both Mastercard and Visa networks.
Column Debuts Unified Financial Infrastructure for Stablecoins and Payments
Column’s four-product rollout answers a question fintech builders have wrestled with for years: how to connect crypto rails, bank accounts and card networks without duct-taping together vendors. Co-founder William Hockey announced the launch on Sept. 16, describing it as the completion of a years-long effort to build the underlying pieces companies need to create financial products in-house.
Launch of Four Products
The rollout spans stablecoins, card issuing, global banking and multicurrency accounts — each designed to plug into Column’s existing banking platform rather than operate as a standalone tool. Hockey said the products are meant to work together because they share the same underlying financial components.
Integrated Issuer Processor
Perhaps the most consequential piece is technical rather than visible to end users: Column built its own issuer processor from the ground up. That means the company now provides banking, processing and capital through one integration, instead of requiring a fintech partner to combine a sponsor bank, a separate processor and a capital provider. Column had sponsored card programs for years, but owning the processor layer directly changes the economics and speed of building new card products on top of it.
Instant Conversion and Global Payment Access
Column’s biggest pitch to fintechs is speed: stablecoins, dollars and foreign currencies can now move through the same pipes around the clock, without waiting on banking hours or a middleman to bridge the gap.
24/7 $USDC and $USDT Conversion
Under the new stablecoin infrastructure, $USDC and $USDT become interoperable with U.S. dollars and with the payment networks already connected to Column’s banking platform. Transfers and conversions can run continuously, and clients can shift funds between stablecoins, bank accounts, and domestic or international rails without relying on an outside intermediary. In one example Hockey gave, a business receives $USDC from Mongolia, converts it instantly into dollars, and splits the payment — sending part to a U.S. community bank via FedNow and converting another portion into euros for a SWIFT transfer, all within seconds.
That kind of instant $USDC conversion matters because stablecoin payments are no longer a niche crypto habit. Stablecoin card spending has already crossed $10.9 billion cumulatively, according to Paymentscan data cited by RedotPay, with monthly spending topping $1 billion for the first time in July — up from roughly $339.4 million a year earlier. Column is essentially betting that businesses want that spending power connected directly to conventional banking, not routed through a patchwork of crypto-native tools.
Global Banking and Compliance
Column’s third product extends account and card issuance to verified customers outside the United States. Around the world, companies can offer eligible customers accounts and cards in U.S. dollars or local currencies by relying on the same infrastructure and compliance tools already used domestically. Column did not publish a full list of supported jurisdictions, so actual availability depends on which markets its verification and banking infrastructure currently covers.
This is where the global banking fintech angle becomes clear: a company operating across several countries no longer needs a separate technology stack for each market. It can hold funds through an account, receive a stablecoin payment, and spend that balance through a card without bouncing between disconnected providers — all because the pieces share the same backend.
Multicurrency Accounts
The fourth product adds individually numbered accounts for foreign currencies, letting customers receive, hold and send money in currencies other than the dollar. Funds can be converted instantly between supported foreign currencies and dollars, and the accounts connect to international payment networks including SEPA Instant, opening another route for local and cross-border payouts.
Card Issuing with Stablecoin Support on Major Networks
Column’s card issuing stack now lets clients build debit, credit and stablecoin-backed cards directly on the Mastercard and Visa networks, using the bank, processing infrastructure and capital tied together in one integration. That combination of card issuing stablecoins support with traditional card rails puts Column in step with where the broader card industry is already heading.
According to Visa’s statement earlier this month, over 160 stablecoin-linked programs were active worldwide during its fiscal second quarter of 2026, with those programs seeing payment volume climb nearly 200% year over year and stablecoin settlement volume exceeding an annualized rate of $20 billion. Mastercard has moved in a similar direction: in June it added six regulated stablecoins — $USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD — to its settlement network, enabling settlement outside traditional banking hours, including weekends and holidays. Column’s card platform sits on top of both networks while allowing stablecoin balances to live inside the same infrastructure used for conventional card programs.
Adoption and Scale Among Leading Fintech Companies
Adoption is essential for any of this to matter, and Column asserts that it is already underway, with Hockey stating that every product unveiled this week is already handling billions of dollars at scale for some of the biggest fintech firms globally, citing Ramp, Brex, Bilt, Mercury, Slash and Kapital as clients relying on the infrastructure. Column did not disclose individual transaction volumes for each of the four services, but the scale claim points to businesses that were previously assembling their own combinations of banks and processors now consolidating on a single provider.
Ramp, one of the companies named, is a useful comparison point. It launched Solana-based stablecoin accounts in July, letting businesses hold $USDC and $USDT and pay vendors in more than 140 countries with settlement in over 40 local currencies. That Ramp already runs its own stablecoin payment rails and still appears among Column’s customer list suggests fintechs are layering multiple stablecoin tools rather than relying on just one provider.
That layering points to a broader tension in the market: even when a stablecoin transfer settles in seconds, getting recipients spendable local currency still depends on liquidity, banking relationships and payout infrastructure on the ground. Column is trying to fold that last-mile problem into its own stack by connecting stablecoins directly to its existing dollar accounts and payment rails, rather than leaving it to a separate settlement layer.
FAQ
What products has Column recently launched?
Column launched four new financial infrastructure products covering stablecoins, card issuing, global banking and multicurrency accounts.
Can $USDC and $USDT be converted instantly using Column’s platform?
Yes, $USDC and $USDT can be converted into U.S. dollars and connected with domestic and international payment rails 24/7.
Does Column support global banking for verified customers outside the U.S.?
Yes, Column’s global banking product allows issuing U.S. dollar or local currency accounts and cards to verified customers worldwide using the same compliance infrastructure.
Which card networks does Column’s card issuing product support?
Column’s card issuing product supports debit, credit and stablecoin-backed cards on Mastercard and Visa networks.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
