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One step toward further integration of blockchain-based payments into the infrastructure of the global financial system might be Mastercard’s decision to extend its settlement network to accommodate regulated stablecoins. Intraday, weekend, and holiday settlement, in addition to onchain settlement utilizing regulated stablecoins, would be available to issuers and acquirers, according
Read full articleVisa, Mastercard, and Stripe are reportedly backing a new shared stablecoin platform aimed at faster, cheaper cross-border settlement, according to a Coindesk report published Wednesday by reporter Ian Allison, citing three people familiar with the plans. Payments Giants Eye Shared Stablecoin Infrastructure The platform, which has not been officially announced and carries no confirmed name, […]
Issuers and acquirers can now clear card transactions in regulated stablecoins on Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo and XRPL, with ARQ, CBW Bank, Cross River, Lead Bank and Nuvei lined up as the first adopters in the US and Latin America.
Ripple's XRP Ledger is also involved in the new initiative, alongside Ethereum, Solana, and others.
Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]
Mastercard now supports 24/7 stablecoin settlement on weekends and holidays alongside fiat. The network supports USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD across 8 blockchains. Launch begins in the US and Latin America, with global expansion planned through 2026. Traditional finance and decentralized networks have officially converged at a massive global scale. Global payments giant […] The post Mastercard’s Stablecoin Move Could Transform Global Payments appeared first on Live Bitcoin News.
The collaboration could significantly enhance digital payment systems, potentially reshaping global financial transactions and infrastructure. The post Stripe, Visa and Mastercard are close to launching a joint stablecoin platform: Report appeared first on Crypto Briefing.
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains.
Mastercard has expanded its payment network to support stablecoin settlements across multiple blockchains and beyond traditional banking hours, adding support for six regulated dollar-backed tokens. According to a statement released by Mastercard on Wednesday, the company will enable card settlement…
