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Mastercard Embraces USDC Stablecoin Settlements for Merchant Payments
Mastercard Embraces USDC Stablecoin Settlements for Merchant Payments
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USDC News -
Mastercard has unveiled support for stablecoin settlements, allowing approved merchants to accept payments in digital assets such as USDC and instantly convert them to fiat currency. This initiative utilizes Circle’s blockchain network to boost transaction speed, efficiency, and global payment accessibility.
The move highlights Mastercard’s growing blockchain integration, cementing its role as a leader in merging traditional finance with digital assets. Currently in pilot testing across select markets, this feature is part of Mastercard’s expanded Digital Asset Services.
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