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Bakkt Picks Thredd to Launch Stablecoin Card Program

By PYMNTS

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Source excerpt · PYMNTS

FinTech Bakkt turned to Thredd to launch a card-as-a-service program in the United States designed to settle in stablecoins, according to a Tuesday (Oct. 13) press release. The partnership will see Thredd’s card processing and credit infrastructure extend Bakkt’s settlement rails into consumer credit products issued by partner banks through its planned credit card-as-a-service program, […] The pos…