#MastercardStablecoinCards Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payments – anytime, anywhere.

While banks and fintechs are increasingly engaging with solutions built on stablecoins, global ubiquity and scale is contingent on everyday utility, seamless integration into existing financial systems, and an intuitive user experience. To allow consumers & businesses to use stablecoins as easily as the money in their bank accounts, Mastercard is providing an integrated, 360-degree approach:

Wallet enablement, card issuing and acceptance: Mastercard’s partnerships with crypto natives like MetaMask, Kraken, Gemini, Bybit, Crypto.com, Binance, Monavate and Bleap allow consumers to enter the crypto ecosystem to earn rewards, pay, and spend the stablecoins in their crypto wallets via traditional cards at the over 150 million merchant locations accepting Mastercard globally, as well as withdraw stablecoins into their bank accounts with Mastercard Move.

Merchant settlement: As acquirers & merchants increasingly explore & leverage digital assets for settlement, Mastercard is teaming up with Nuvei and Circle to give merchants the option to receive their payments in stablecoins, regardless of how a consumer chooses to pay. Mastercard also works closely with Paxos to enable this functionality across Paxos-issued stablecoins.

On-chain remittances: Stablecoins are fast and cost-effective, making them ideal for remittances and cross-border disbursements.

Powering more efficient payments & commerce applications: Stablecoins can streamline settlement across markets and currencies around the world. The Mastercard Multi-Token Network (MTN) helps enable real-time payments and redemptions, allowing partners like Ondo Finance to leverage on-chain tokenized assets.