Mastercard Officially Adds Stablecoin Settlement Support
- On April 28, 2025, Mastercard launched stablecoin settlement support for merchants across its global network.
- This launch follows growing institutional interest, increasing regulatory clarity, and partnerships with Nuvei, Circle, Paxos, MetaMask, and OKX.
- The initiative features creating wallets, issuing payment cards, facilitating merchant acceptance of stablecoin payments, and incorporating stablecoins into everyday transactions through the OKX Card.
- The stablecoin market recently exceeded a valuation of $230 billion, marking a 54% year-over-year growth, while in 2024 Mastercard processed nearly one-third of its transactions through tokenization.
- This move advances faster, more transparent payments and positions Mastercard as a leader merging digital assets with traditional finance worldwide.
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29 Articles
Mastercard Reckons With a Cap One Impact As Its Crypto Investment Grows - Digital Transactions
The payments industry may soon be wrestling with the fallout from the upcoming $35-billion merger of Capital One Financial Corp. and Discover Financial Services, and one key question emerging from the deal is how it will affect Mastercard, the network for Cap One’s credit and debit cards. Early on Thursday, Mastercard gave its answer. ”We expect to continue to have a strong relationship with Capital One,” Sachin Mehra, the card network’s chief f…
Mastercard Teams Up With Circle, Paxos and Other Firms To Power Global Stablecoin Payments - The Daily Hodl
Global financial services giant Mastercard is launching support for stablecoin payments across its network under new partnerships. In a press release, Mastercard says it is teaming up with crypto exchange OKX and payments processor Nuvei for customers and merchants to spend and receive stablecoins. Mastercard is also partnering with USDC stablecoin issuer Circle as well as stablecoin issuer Paxos to allow its consumers to settle transactions usi…
Mastercard embraces stablecoins for everyday payments - TechCentral.ie
Mastercard is taking a major step forward in the world of digital payments by providing comprehensive end-to-end capabilities for stablecoin transactions. Recognising the growing potential of stablecoins as efficient and programmable payment solutions, Mastercard aims to make them accessible and usable for everyday transactions. To achieve this goal, Mastercard has forged strategic partnerships with key [… The post Mastercard embraces stablecoin…
Mastercard Introduces Global Stablecoin Payment Infrastructure
Mastercard has introduced a suite of services to support stablecoin use across its global payments network, backed by partnerships with firms such as OKX, Nuvei, Circle, MetaMask, Kraken, and others. The initiative includes wallet integration, card issuance, merchant acceptance, and settlement tools—designed to support both consumers and businesses in sending, receiving, and spending stablecoins. Consumers will be able to spend stablecoins at tr…
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