Stablecoins should become the funding layer behind bank cards
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AI-assisted source synthesis · not an independent investigation.
On October 21, 2026, PYMNTS reported that the more realistic path for stablecoins in consumer payments is to use bank card networks for merchant acceptance, making stablecoins the funding layer behind bank cards rather than replacing the existing checkout experience. Tim Joslyn, chief technology officer at Paymentology, said that 42% of stablecoin holders want to use them for large purchases, but the proportion of actual users is 28%. The report said that stablecoins could fund bank cards without users noticing, with their advantages more likely to be reflected in cross-border fund transfers: the relevant networks can operate 24 hours a day, 7 days a week. In the future, a single card may also be connected to multiple balances, such as a checking account, a line of credit, and stablecoins.
AI-written from reports · updated 1 hour ago
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- PYMNTSStablecoins should be the funding layer behind cards, not replace cards
The more realistic path for stablecoins in consumer payments is to use card networks to handle merchant acceptance, making stablecoins the funding layer behind cards rather than replacing the checkout experience. Paymentology CTO Tim Joslyn noted that 42% of stablecoin holders want to use them for large purchases, but only 28% actually do so. Stablecoins can fund cards without users noticing. Their advantages are more likely to emerge in cross-border money transfers: operating 7 days a week, 24 hours a day, while in the future a single card could also connect to multiple balances, including checking accounts, lines of credit, and stablecoins.
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