Mastercard Adds Stablecoins to Settlement Services for Faster Payments

Highlights:

• Mastercard is adding regulated stablecoins to give partners more flexible settlement options.
• The service will support USDC, RLUSD, PYUSD, USDG, USDP, and SoFiUSD.
• Stablecoin settlement will first expand in the U.S. and Latin America through selected partners.

Mastercard has announced plans to expand its settlement services by adding stablecoin, intraday, weekend, and holiday settlement options for its partners. The company announced the update on Wednesday, in Purchase, New York, saying the new services will give issuers and acquirers more choice in how and when they settle card transactions.

Advertisement

The update will support both fiat currencies and on-chain settlement using regulated stablecoins. Mastercard said the new options will help partners manage liquidity more effectively and support faster payment flows across its network.

The company said the expansion could support areas where faster settlement and better visibility are important, including cross-border payments, treasury operations, and payouts.

🚨 MASTERCARD LAUNCHES 24/7 SETTLEMENT WITH USDC, PYUSD AND RLUSD

Mastercard is expanding settlement to support regulated stablecoins on-chain, including on weekends and holidays.

Supported assets will include Circle's $USDC, Paxos' $PYUSD, $USDG, $USDP, and Ripple's $RLUSD &… pic.twitter.com/ULkVPYXny5

— Coin Bureau (@coinbureau) June 3, 2026

Mastercard Adds Regulated Stablecoins to Settlement Network

Mastercard plans to support several regulated stablecoins through the expanded settlement service. These include Circle’s USDC, Paxos-issued stablecoins such as PYUSD, USDG, and USDP, Ripple’s RLUSD, and SoFi’s SoFiUSD.

The company said these stablecoins will be enabled across supported blockchain networks, including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRP Ledger.

Mastercard also named several early partners expected to support stablecoin settlement options. These include ARQ (formerly known as DolarApp), CBW Bank, Cross River, Lead Bank, and Nuvei.

First, Mastercard expects to support the service in the United States and Latin America, with more expansion planned this year. The firm said the rollout will depend on regulatory approvals and market readiness in each region.

Mastercard Says Stablecoin Settlement Will Keep Existing Safeguards

Mastercard said the new settlement services are designed as a network-level upgrade. This allows partners to access traditional and digital asset-based settlement through Mastercard’s global infrastructure.

The company said the service will keep existing protections in place, including security standards, fraud safeguards, and dispute processes. Mastercard also said the update builds on earlier pilots and live deployments linked to digital assets and programmable payments.

Raj Dhamodharan, executive vice president of Blockchain and Digital Assets at Mastercard, said companies are now focusing the next phase of stablecoin adoption on real-world use. He said settlement is one area where timing and liquidity are especially important.

“By introducing intraday and weekend settlement options across our global network, we’re expanding how partners manage liquidity and operate in an always-on digital economy while maintaining the trust, resilience and safeguards they expect from Mastercard,” Dhamodharan said.

Mastercard has announced it will continue to introduce new technologies to the payment network in a safe and sensible manner. The company aims to enable partners to utilize on-chain tools without disrupting the existing payment systems. These new settlement options will be available in additional markets in the future, depending on local rules. In the future, Mastercard is hoping to bring on additional partners, regions, and regulated stablecoins.

The move follows Mastercard’s broader crypto payment push, including its partnership with KuCoin to enable USDC payments via KuCard in Australia.

KUCOIN AND MASTERCARD LAUNCH DIRECT CRYPTO PAYMENTS IN AUSTRALIA@Kucoincom has officially launched the KuCard in Australia, enabling direct $USDC payments across @Mastercard’s global merchant network.

The integration features real-time conversion at the point of sale,… pic.twitter.com/I1CnCTmvPB

— BSCN (@BSCNews) April 24, 2026

Advertisement