Global Payments Network Expansion

Mastercard said the new capabilities will allow partners to settle card transactions using both fiat currencies and on chain stablecoins across Mastercard’s global payments network.

Initially, stablecoin settlement infrastructure will support USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD.

The rollout initially targets the U.S. and Latin America, with broader expansion planned through 2026.

Besides stablecoin settlement, the company’s new enhancements also include intraday, weekend and holiday settlement.

Why It Matters

Raj Dhamodharan, Mastercard’s executive vice president for Blockchain & Digital Assets, said the next phase of stablecoin adoption centers on…

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