LATEST: Mastercard Unveils Full Stablecoin Features, Partners With OKX for Launch

Mastercard takes a major step forward in the digital economy by supporting stablecoin payments across its global merchant network. The company partners with Circle Nuvei and Paxos to enable direct settlement in stablecoins like USDC and USDP giving businesses faster and more flexible payment options.

OKX is joining forces with Mastercard to launch the OKX Card which connects crypto trading and Web3 spending to millions of Mastercard merchants. This move allows consumers to easily use their crypto for everyday purchases bringing digital assets closer to daily life.

Mastercard’s stablecoin push covers wallet support card issuance on-chain remittances and direct merchant settlements. This builds on its earlier innovations like the Multi-Token Network and Crypto Credential showing Mastercard’s belief that stablecoins can transform commerce by offering more freedom and choice for people and businesses everywhere.

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