Digital Banking
Thredd partners with Bakkt for stablecoin credit card settlement
October 21, 2026
ChatGPT
Grok
Perplexity
ClaudeThredd, an AI processing platform, partnered with Bakkt to unveil a credit card-as-a-service solution alongside stablecoin settlement, according to a press release.
"Launching a credit card that would settle in stablecoins requires tight integration across processing, lending, and digital asset infrastructure," Jim McCarthy, CEO of Thredd, said in the release. "By combining modern card processing with flexible credit capabilities, our platform removes operational complexity so Bakkt can offer its clients a direct, reliable payment product."
Thredd will offer the card processing and credit infrastructure with Bakkt Inc.'s settlement rails. It will also power tokenization, fraud management and digital wallet integration. The proof of concept will launch in the first half of 2027.
Related Media
Featured Vendor
Paragon ATM simulation tools provide the features, functions and flexible automation options so that you can run more tests in less time - improving quality, shortening delivery cycles, reducing costs, fostering collaboration, and increasing channel profitability.
Subscribe
Get the latest news and resources from ATM Marketplace.
