Mastercard Expands On-Chain Settlement Network to Support Stablecoins and 24/7 Fund Settlement
2026-06-03 05:16
Odaily Planet Daily News Mastercard is expanding its settlement network to support regulated stablecoins, planning to launch stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the real-time demand for fund flow.
According to reports, the new settlement framework will operate in parallel with the existing fiat currency settlement system, providing financial institutions with more flexible liquidity management solutions. The first batch of supported stablecoins includes USDC issued by Circle, PYUSD, USDG, and USDP issued by Paxos, RLUSD issued by Ripple, and SoFiUSD.
Related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
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