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Mastercard to support stablecoin settlement on its global payments network

Market News
03 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Mastercard announced it will expand its global payments network to enable settlement using regulated stablecoins such as USDC, PYUSD, and SoFiUSD. This upgrade allows transactions to settle beyond traditional banking hours, including weekends and holidays, and supports cross-border payments and business payouts. The stablecoin settlement will operate on multiple blockchain networks like Ethereum and Solana, initially launching in the U.S. and Latin America. This move integrates traditional and blockchain settlement methods under one infrastructure, enhancing liquidity management for financial institutions.

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