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-2.99%
USDC-0.03%
PYUSD0.02%
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
  • 8
  • Repost
  • Share
Comment
Add a comment
Add a comment
HoldingPositionsIsLikeTending
· 3h ago
The first batch only includes the United States and Latin America; the Asian market will probably have to wait for licenses. Take it slow.
View OriginalReply0
NonceNinja
· 8h ago
USDC, PYUSD, USDG, USDP, RLUSD, SoFiUSD—are the six major factions besieging the Guangming Summit, right?
View OriginalReply0
StainedGlassSun
· 8h ago
If a payment company like Nuvei has gotten involved, it really means things are already moving forward toward real implementation.
View OriginalReply0
RektRecoveryCoach
· 8h ago
Mastercard is aiming to fully connect traditional finance with on-chain systems, with same-day and weekend settlements—banks would be panicking to see this.
View OriginalReply0
LightsInTheMistyValley
· 8h ago
Weekend settlement is a blow to traditional SWIFT systems; workers finally don't have to wait T+2 anymore.
View OriginalReply0
GateUser-26374bb4
· 8h ago
Canton and Tempo usually have a low profile online, so it's quite surprising that Mastercard chose them.
View OriginalReply0
PfpArchaeologist
· 8h ago
The modifier “regulated stablecoin” is very important—this isn’t something you can just list any shady, low-quality token for.
View OriginalReply0
DeepBlueStakingStone
· 8h ago
Arbitrum, Base, and Solana are all fully up and running, while ETH instead feels like a mere backdrop—intriguing.
View OriginalReply0
  • Pinned