Column has introduced four financial infrastructure products that bring stablecoins, card issuing, global banking, and multicurrency accounts together on a single platform. Announced on September 16, the rollout enables fintech companies to use USDC and USDT alongside traditional bank accounts, cards, and payment networks.
Column co-founder William Hockey said the launch completes a multi-year effort to build the company’s technology stack. In a company post, Hockey stated, “We have finally completed that build.” He added that the products are already handling billions of dollars for fintech companies, including Ramp, Brex, Bilt, Mercury, Slash, and Kapital.
Stablecoin Services Integrated with Bank Payment Rails
Column’s stablecoin service allows businesses to send and receive USDC and USDT while converting funds to and from US dollars at any time, 24/7. The company built the service directly into its banking core, so customers do not need to prefund balances with a separate provider before making a stablecoin transfer. The platform connects stablecoin activity with both US and international payment rails.
For example, a business receiving USDC from Mongolia could convert the funds into dollars, split the money, send one portion to a US community bank through FedNow, and convert another into euros for a SWIFT payment. Column said the entire process can take place within seconds via its APIs and operates around the clock, including weekends and holidays.
Card Issuing Combines Banking, Processing, and Capital
Column also launched a card issuing product after building its own issuer processor. The service brings together the issuing bank, processing system, and capital into a single integration. Customers can use the platform to create credit, debit, prepaid, and stablecoin-backed card programs on the Visa and Mastercard networks. Column had previously sponsored card programs but now controls the processing layer, allowing it to manage card authorization and settlement within the same system that supports its banking products. This reduces the number of separate providers fintech companies need when launching card programs. The processor has direct connections to Visa and Mastercard and runs on the same core infrastructure used for Column’s other banking services.
Global Banking and Multicurrency Accounts
The third product extends Column’s account and card infrastructure to verified customers outside the United States. Businesses can offer US dollar or local currency accounts and cards to eligible users in other markets while using the same compliance tools and APIs used for domestic customers. Column did not publish a full list of supported countries, so availability depends on its banking and verification coverage.
Column also introduced multicurrency accounts that allow customers to receive, hold, and send foreign currencies. Users can convert supported currencies to and from US dollars instantly and connect payments to international systems, including SEPA Instant. Supported currencies include euros, British pounds, and Canadian dollars, among others.
Together, the four products enable fintech companies to connect stablecoins, bank accounts, cards, and foreign currency payments through one platform. Column said the services work together because they use the same underlying infrastructure. The company did not provide separate transaction volumes for each product, but Hockey noted the services are already moving billions of dollars for fintech customers.
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