Column expands offerings to compete with Mastercard and Marqeta in stablecoin card issuing

Column N.A., a federally chartered US bank, just made its play for the stablecoin infrastructure market. On September 16, the bank announced it has integrated USDC and USDT support directly into its core banking platform, along with full-stack card issuing capabilities spanning debit, credit, and prepaid products. The target audience isn’t retail customers. It’s the fintech companies that need banking rails under the hood, and Column is betting that bundling stablecoin settlement, card issuing, and traditional payment networks into a single chartered bank gives it a structural edge over the patchwork solutions offered by competitors. What Column is actually building The core pitch is integration without middlemen. Column’s stablecoin support connects directly to its existing fiat infrastructure, meaning a fintech client can move between USDC, USDT, and traditional currencies across ACH, FedNow, RTP, Fedwire, and SWIFT without prefunding requirements or third-party intermediaries. Column, as a chartered bank, owns its own ledger, processor, and banking rails under one regulatory framework. The bank has also introduced multicurrency account capabilities with access to global banking ...