Mastercard Expands Stablecoin Push With Paxos, Fiserv and PayPal Integrations
Mastercard is accelerating its embrace of stablecoins through strategic partnerships with Paxos, Fiserv, and PayPal. The payments giant will integrate PYUSD, USDG, and FIUSD into its network, joining existing support for USDC. Cross-border transactions via Mastercard MOVE will now include stablecoin functionality.
The collaboration with Fiserv enables FIUSD support across card products, merchant settlements, and unified fiat/stablecoin spending through Mastercard One Credential. This institutional adoption reflects the growing $260 billion stablecoin market's promise of programmable, efficient payments.
Regulatory tailwinds like the GENIUS Act passage are fueling corporate adoption. Mastercard's infrastructure expansion signals mainstream payment rails are evolving to absorb digital dollar innovations.