Mastercard partners with ADI Foundation to expand stablecoin settlement market in the Middle East.

Odaily Planet Daily reports that Mastercard has announced a strategic alliance with the Abu Dhabi ADI Foundation to expand stablecoin settlement and tokenized asset applications in the Middle East. This alliance aims to provide banks, fintech companies, merchants, and consumers with faster settlement speeds, clearer transaction visibility, and more resilient payment processes. Furthermore, it will support domestic and international cross-border transactions through stablecoin settlements, launch stablecoin-linked payment cards, explore use cases for tokenized real-world assets, and provide digital asset support for remittance and B2B trade processes. (Coinedition)