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Mastercard Introduces Pre-Chain Stablecoin Payment Fraud Screening

Mastercard introduced Stablecoin Security at Money20/20 in Las Vegas, initially launching it in North America. The API-based tool is designed to help banks and payment companies assess fraud, sanctions and scam risks before a stablecoin transfer is completed and as it moves across blockchains.

Mastercard says the assessment can consider the payment context, where the funds came from and potential exposure to restricted parties. Borderless.xyz and Keyrails are its initial partners. Mastercard expects wider commercial availability in 2027 but does not claim the tool will eliminate fraud.

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