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Mastercard adds six regulated stablecoins on eight blockchains as a card settlement option, with weekend and holiday cycles
MastercardBVNK & stablecoin settlement
Mastercard said card issuers and acquirers will be able to settle with it in regulated stablecoins as well as fiat, including intraday and on weekends and holidays when bank transfers stop. A first group of banks and fintechs in the US and Latin America is expected to go first, with wider rollout through 2026.
- Stablecoins: USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD.
- Chains: Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo and the XRP Ledger.
- Expected first adopters: ARQ (formerly DolarApp), CBW Bank, Cross River, Lead Bank and Nuvei.
- Builds on earlier pilots, such as USDC and EURC settlement with Circle in Eastern Europe, the Middle East and Africa.