MiPlata launches Visa prepaid card for direct stablecoin spending

The Latino-focused fintech built the USDC-linked card with Stripe Issuing in five weeks, skipping the bank cash-out step entirely miPlata has launched a physical Visa prepaid card that lets users spend their stablecoins directly, with no detour through a traditional bank account. For a fintech built around Latino workers and families, that skipped step matters. Every conversion and transfer is a chance for fees, delays, and friction to creep in. The card was built with Stripe Issuing. It draws on stablecoin balances, particularly USDC , so users don’t have to convert to fiat before they buy something. The user holds USDC in their miPlata account. When they swipe the card, the purchase is paid from that balance. miPlata’s setup removes the mandatory bank cash-out.

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