TLDR Tech / Crypto
Lithic and Lightspark Partner to Power Global Card Program
Lithic will process Lightspark's Visa card program, issued by Lead Bank and settling in USDC. Lightspark holds account balances natively in stablecoins and converts to local currency at point of spend, using Lithic's Authorization Intelligence for unified card authorization, device authentication, and fraud decisioning. CEO David Marcus said the partnership matches Lightspark's need for speed across its stablecoin-based settlement infrastructure.
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