Wu said that Mastercard officially announced plans to expand settlement capabilities, adding same-day, weekend, and holiday card transaction settlements, and supporting on-chain card transaction settlements through regulated stablecoins. Mastercard will support USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD, covering networks such as Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL. ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei are expected to be the first partners in the U.S. and Latin America to support this stablecoin settlement option, with future expansion still dependent on regulatory requirements.

MA-1.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned