Mastercard expands on-chain settlement in bet on stablecoins and always-on finance
The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money....
Key takeaways
- 1Mastercard will settle transactions in regulated US dollar stablecoins including USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD across six blockchain networks.
- 2New framework enables intraday, weekend, holiday and on-chain settlement, moving toward always-on 24/7 transaction processing outside traditional banking hours.
- 3Cross River, Lead Bank, CBW Bank, ARQ and Nuvei are early adopters of stablecoin settlement in US and Latin America.
Coins in this story
Why it matters
This expands stablecoin utility beyond crypto trading into mainstream financial infrastructure, potentially lowering cross-border payment costs and settlement times for Indian institutions. It signals institutional adoption momentum as legacy payment networks modernize to compete with blockchain-based alternatives.
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records
Bitcoin plunged 6.4% to $65,708 amid broad crypto sell-off, with ether dropping below $1,900. Global stocks hit record highs on AI momentum, creating sharp divergence. MicroStrategy's bitcoin sale, $3.2 billion spot ETF outflows, and Mt. Gox wallet transfer triggered selling. Traders watch $65,000 support level critically; breakdown risks $60,000 target for Indian crypto investors monitoring volatility.