MasterCard Expands Settlement Capabilities to Include Regulated Stablecoins Across Multiple Blockchain Networks
MasterCard enables on-chain credit card settlements using regulated stablecoins like USDC and PYUSD. The update supports networks including Ethereum and Solana, enhancing liquidity with 24/7 settlement capabilities.
Woofun AI reports that MasterCard has disclosed plans to broaden its settlement infrastructure, introducing support for on-chain credit card transactions utilizing fiat currencies and regulated stablecoins. This strategic expansion aims to facilitate continuous settlement operations during weekends and holidays, thereby increasing operational efficiency.
The initiative encompasses a diverse array of stablecoins, including USDC, RLUSD, PYUSD, USDG, USDP, and SoFiUSD. These assets are supported across several prominent blockchain platforms, specifically Ethereum, Solana, XRP Ledger, Base, Arbitrum, and Polygon, marking a significant step in integrating traditional financial services with decentralized finance infrastructure.
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