OSL Group participates in Mastercard's crypto partnership program

OSL Group (863.HK) has officially joined the Mastercard Crypto Partner Program (MCPP), expanding its presence in stablecoin payments and digital asset trading.

The MCPP program is designed to connect local crypto companies, payment platforms, and major financial institutions. OSL said the move aligns with its goal of building compliant, scalable stablecoin infrastructure that can be applied to real-world payments.

Currently, OSL is developing compliant stablecoin infrastructure through OSL BizPay, StableHub, and Banxa, with the aim of providing real-time cross-border B2B payment experiences worldwide.

Kevin Cui, CEO of OSL Group, said the company expects to work with Mastercard and partners in the ecosystem to promote new payment applications and bring stablecoins closer to the mainstream financial market. Leon Chua, Vice President and Head of the Asia-Pacific region at OSL BizPay, said participating in the program will help accelerate this process.

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