Mastercard has announced new global end-to-end capabilities to support stablecoin transactions, enabling consumers to spend and merchants to receive stablecoins seamlessly. Through partnerships with companies like OKX and Nuvei, Mastercard is creating a comprehensive ecosystem that integrates stablecoins into traditional financial systems. Key features include wallet enablement, card issuing, merchant settlement, and on-chain remittances.
Mastercard’s collaborations with firms such as MetaMask, Kraken, Circle, and Paxos aim to make stablecoin usage as simple as using traditional money. The company is also enhancing real-time payments and cross-border transactions via its Multi-Token Network (MTN). Executives from OKX, Nuvei, MetaMask, and Kraken emphasized the importance of these innovations in bringing stablecoins into everyday financial activities. Mastercard reaffirms its commitment to building secure and accessible digital payment solutions across more than 200 countries and territories.