Yes

>>Mastercard broadens card settlement to include stablecoins and partners with Visa and Stripe to launch a new stablecoin platform.

Mastercard broadens card settlement to include stablecoins and partners with Visa and Stripe to launch a new stablecoin platform.

crypthub

about 2 hours ago

Mastercard Stablecoin Integration

Mastercard will let issuers and customers settle card transactions with stablecoins on eight blockchains. It adds six dollar‑pegged tokens—USDC, PYUSD, USDP, RLUSD, USDG and SoFiUSD. Supported chains are Ethereum, Solana, Polygon, Base, Arbitrum, XRPL, Canton and Tempo. Intraday settlement windows join weekend and holiday fiat processing, giving partners tighter liquidity and timing control for cross‑border payments.

Rollout and Participants

The first phase targets the United States and Latin America. Early adopters include ARQ (formerly DolarApp), CBW Bank, Cross River, Lead Bank and Nuvei. Expansion to more regions and issuers is planned through 2026. The move follows Mastercard’s May 2026 BitLicense and its pending $1.5 billion BVNK acquisition, deepening crypto‑payment capabilities.

Industry Momentum

Visa recently broadened stablecoin support to nine blockchains, reporting a $7 billion annualized run rate. Stripe entered the market in 2024 by buying Bridge for $1.1 billion, and MoneyGram launched MGUSD on Stellar. A rumored joint stablecoin platform involving Visa, Stripe, Mastercard and possibly Coinbase is circulating but unconfirmed. The stablecoin market now totals about $325 billion, led by Tether’s USDT, reflecting rapid institutional adoption.