The global payments industry is undergoing a significant transformation as stablecoins increasingly move beyond trading and become a practical layer for real-world commerce. Against this backdrop, WasabiCard has announced the successful completion of nearly US$10 million in Seed and Pre-A funding, with participation from Vernal Capital, Avenir Group, Vision Plus Capital, and 01VC.
The funding marks a significant milestone for the company as it continues building payment infrastructure designed to connect digital assets with traditional financial systems. The capital will be deployed toward expanding WasabiCard’s global card issuing capabilities, strengthening payout infrastructure, accelerating international market expansion, and supporting ongoing investments in compliance, product development, and operational excellence.
As businesses become increasingly global, the limitations of traditional payment systems are becoming more apparent. Cross-border payments often remain fragmented, expensive, and operationally complex, creating demand for infrastructure capable of supporting faster settlement and more efficient treasury management. Stablecoins have emerged as a potential solution, offering programmable and globally accessible financial rails that can operate around the clock.
WasabiCard is positioning itself at the center of this transition by building infrastructure that enables enterprises, fintechs, and internet-native businesses to issue cards, distribute payouts, and manage global payments through stablecoin-powered systems.
According to the company, adoption has accelerated significantly since launch. WasabiCard now serves more than 500 enterprise customers worldwide, has issued over 500,000 cards, and has processed more than US$1 billion in cumulative transaction volume. These figures highlight growing demand for payment infrastructure capable of supporting modern businesses operating across multiple jurisdictions and financial networks.
The announcement reflects broader momentum within the digital payments sector. Financial institutions, payment providers, and technology companies are increasingly exploring stablecoins as a means of improving settlement efficiency, reducing costs, and expanding access to global financial services. As regulatory frameworks continue to mature, industry participants are expected to invest further in infrastructure capable of supporting enterprise-grade adoption.
Looking ahead, WasabiCard plans to continue expanding its suite of payment solutions, with a focus on global card issuing, enterprise payouts, embedded finance capabilities, and stablecoin-powered payment workflows. The company is also exploring infrastructure designed to support emerging use cases around AI-driven commerce and internet-native financial applications.
The latest funding round provides WasabiCard with additional resources to scale its platform and strengthen its position within the rapidly evolving global payments landscape. As stablecoins continue gaining traction among businesses and institutions, infrastructure providers capable of bridging digital assets and traditional finance are expected to play an increasingly important role in shaping the future of commerce.
Disclaimer：
This publication is for informational purposes only and does not constitute legal, tax, or professional advice from WasabiCard, nor does it substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency.
This publication is for informational purposes only and does not constitute legal, tax, or professional advice from WasabiCard, nor does it substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency.This publication is for informational purposes only and does not constitute legal
