Mastercard joins Global Dollar Network, adds support for USDG and other Paxos stablecoins

Paxos/Global Dollar (USDG)

Mastercard joined the Global Dollar Network, enabling its institutions to mint, distribute and redeem USDG stablecoins. The move also added support for PayPal USD (PYUSD) and Fiserv's FIUSD stablecoin through Mastercard's cross-border payment network.