Mastercard is rolling out native stablecoin settlement across multiple blockchains, enabling card transactions to be settled in regulated dollar tokens around the clock. What’s new - Mastercard will support settlement using six regulated dollar-backed tokens: Circle’s USDC; Paxos-issued PYUSD, USDG and USDP; Ripple’s RLUSD; and SoFiUSD. - The service will operate across multiple chains and networks, including Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo and the XRP Ledger. - Crucially, issuers and acquirers will be able to settle transactions on weekends, holidays and outside traditional banking hours. Mastercard says this functionality will augment — not replace — existing settlement rails. Rollout and partners - Early adopters expected to offer the stablecoin settlement option include ARQ (formerly DolarApp), CBW Bank, Cross River, Lead Bank and payments processor Nuvei. - The initial deployment will cover parts of the United States and Latin America, with further geographic expansion planned through 2026. Compliance and security - Mastercard emphasizes the framework will preserve its current operational standards: security controls, fraud protections, dispute-handling procedures and interoperability will remain in place as stablecoin settlements are introduced. How this fits into Mastercard’s strategy - The announcement follows Mastercard Transaction Services (U.S.) LLC receiving a BitLicense from the New York Department of Financial Services in May, authorizing the company to conduct virtual currency business in New York under existing compliance rules. - Earlier moves include Mastercard’s March agreement to acquire stablecoin infrastructure provider BVNK for up to $1.8 billion and granting Mastercard Principal Membership to stablecoin card issuer Rain — both steps to deepen its digital-asset payments stack. Competitive landscape - Visa is continuing to test stablecoin-linked settlement programs across blockchains, and MoneyGram recently launched MGUSD on Stellar for cross-border payments, signaling broader industry momentum toward blockchain settlement. Market context - The dollar-backed stablecoin market is nearing $300 billion in supply, per CoinGecko. Tether’s USDT still leads with about $188 billion, while Circle’s USDC sits around $76 billion. Why it matters - By enabling regulated stablecoin settlement across chains and outside bank hours, Mastercard aims to speed settlement, expand rails for cross-border and near-instant transactions, and bring tokenized dollars into mainstream card infrastructure — while keeping existing compliance and security protections intact.
Mastercard Launches 24/7 Stablecoin Settlement Across Multiple Blockchains
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Summary
Mastercard rolls out 24/7 stablecoin settlement across multiple blockchains, supporting six tokens including USDC and PYUSD. The service runs on Ethereum news, Solana, and XRP Ledger. Early adopters include ARQ, CBW Bank, and Nuvei, with initial deployment in the U.S. and Latin America. New token listings like USDG, USDP, RLUSD, and SoFiUSD are now supported. Mastercard says the system meets current security and compliance standards.
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