DEPLOYMENT · US
Mastercard enables settlement via U.S. stablecoins across multiple blockchains
Mastercard rolled out support for settlement using U.S. stablecoins (USDC, USDT, and others) across major blockchain networks, allowing institutional clients to settle transactions in real time. First major card network to offer multi-chain stablecoin settlement.
WHY IT MATTERS
Signals card networks are moving beyond payments into settlement infrastructure; banks testing tokenized deposits and CBDC pilots now have a production-grade interledger layer for cross-chain transactions.
Source: Finextra · 2026-06-03