Mastercard and ADI Foundation Pioneer Stablecoin Payments in Middle East
Mastercard's partnership with Abu Dhabi's ADI Foundation marks a strategic push into blockchain-based payments, targeting stablecoin adoption for cross-border transactions. The collaboration will focus on remittance flows and B2B trade, leveraging tokenized assets and stablecoin-linked payment cards.
The UAE's ambition to lead in digital assets finds concrete footing with this initiative. By integrating stablecoins into payment infrastructure, the partners aim to address latency and transparency pain points in regional finance.
This MOVE signals growing institutional validation for stablecoins beyond speculative trading. Payment giants are now actively shaping their utility in mainstream commerce—particularly in corridors with high remittance volumes.