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Mastercard is considering supporting stablecoins for settlement, including instant and weekend holiday settlement.
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BlockBeats News, June 3rd, Mastercard officially announced plans to expand its settlement capability, adding same-day, weekend, and holiday card transaction settlement, and supporting on-chain card transaction settlement via 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 among the first partners in the U.S. and Latin America to support this stablecoin settlement option, with further expansion subject to regulatory requirements.

Fonte:BlockBeats

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