Mastercard Expands Stablecoin Settlement Options Across Multiple Blockchains
- Mastercard is enhancing its stablecoin settlement functionality for credit card transactions.
- The firm will support settlement of regulated stablecoins like Ripple’s RLUSD, Circle’s USDC, and SoFi’s SoFiUSD.
- Settlements will take place across popular blockchains like Ethereum, Solana, and Base.
- The expansion includes intraday, holiday, and weekend settlements to support a true always-on digital economy.
- Initial support in the U.S. and Latin America will be provided by ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei.
Mastercard is advancing its stablecoin settlement capabilities to offer more flexibility in credit card transactions through regulated stablecoins such as RLUSD and USDC on major blockchains including Ethereum and Solana. This move aims to facilitate a continuous digital economy with enhanced liquidity management options for partners.
By enabling intraday and weekend settlements across its global network, Mastercard supports the demand for faster money movement beyond traditional banking hours. (Source)
