Picture Priya, who runs a small furniture-restoration supply shop out of her garage in Columbus, Ohio. A wholesale buyer in Ho Chi Minh City wired her $18,000 for a bulk hardware order last spring. The payment took four business days to clear, and wire fees plus a bad exchange rate ate nearly $340 of it. Column’s new stablecoin infrastructure wants to make that wait disappear for good.
On September 16, 2026, the banking platform Column launched a system that converts USDC and USDT into US dollars in seconds, any hour of any day. Crypto.news covered the launch as part of a bigger rollout that also includes card issuing, global bank accounts, and multicurrency wallets.
What Column’s Stablecoin Infrastructure Actually Does
Column built its own issuer processor instead of renting one from a sponsor bank. That single decision let the company bundle four products into one API.
- Instant, round-the-clock conversion between USDC, USDT, and US dollars
- Debit, credit, and stablecoin-backed card issuing on Visa and Mastercard
- Global bank accounts and cards for customers outside the US
- Multicurrency accounts with instant conversion for foreign currency
Co-founder William Hockey called it the finish line on “a years-long effort to build the underlying pieces companies need to create financial products in-house.”
A business can take USDC from a client in Mongolia, convert it to dollars, and route part of it through FedNow while sending the rest to Europe as euros over SEPA Instant. All of it happens in seconds with a few API calls.
The Part That Actually Saves You Money
Traditional international wires still average one to five business days. Banks routinely charge $25 to $50 per wire, and the exchange rate they quote is rarely the real one. That gap is where a small business like Priya’s loses hundreds of dollars a month without ever seeing a single line-item fee for it.
Column plugs stablecoins directly into FedNow, SWIFT, and SEPA Instant. A payment can now arrive as crypto and leave as spendable dollars in the same transaction. For a business paid a few times a month by overseas clients, skipping four days of float and a few hundred dollars in hidden costs adds up fast over a year.
This Isn’t a Crypto Experiment Anymore
Six fintech companies already run on Column’s rails: Ramp, Brex, Bilt, Mercury, Slash, and Kapital. Together they move billions of dollars through it. The Cryptonomist’s coverage notes that stablecoin card spending topped $1 billion a month in July 2026, up from roughly $339 million for all of the prior year, and that Visa now counts more than 160 active stablecoin card programs.
MoneyGram’s stablecoin card and Circle’s Arc blockchain have been chipping away at the same cross-border payment problem from different angles this year. Column’s launch suggests someone is quietly rebuilding the plumbing behind everyday payments, one bank rail at a time.
Next time an international payment leaves you waiting four days, ask your bank why. The technology to skip that wait already exists, and six major fintechs are already using it.