Mastercard Officially Adds Stablecoin Settlement Support
Mastercard has taken a decisive step into the digital asset space by formally integrating stablecoin settlement capabilities. The payments giant will enable merchants to receive transactions in dollar-pegged cryptocurrencies through partnerships with Nuvei, Circle, and Paxos.
The move signals growing institutional confidence in blockchain-based payments following recent regulatory advancements. "Stablecoins are evolving from crypto trading tools to essential solutions for efficient payments," Mastercard stated, framing the technology as transformative for cross-border transactions.