Mastercard Expands Card Settlement with Stablecoins Across Eight Blockchains
- Mastercard is integrating six stablecoins, including Circle’s USDC and Ripple’s RLUSD, into its card settlement network.
- The supported stablecoins will operate on eight blockchain networks, such as Arbitrum, Ethereum, and Solana.
- Initial activation in the U.S. and Latin America involves partners like ARQ, Cross River, and Lead Bank.
- The rollout will continue through to the end of 2026, expanding to more regions and partners.
Mastercard’s integration of stablecoins into its global card settlement network marks a significant step in merging traditional finance with digital assets. This enhancement allows transactions to be settled using both fiat and digital currencies across existing infrastructure without altering core operating models.
This move provides issuers and acquirers with increased flexibility in transaction settlements while maintaining security standards. The expansion reflects growing demand for regulated stablecoin rails on public blockchains like the XRP Ledger. (Source)
