Mastercard expands settlement network to support regulated stablecoins and round-the-clock payments
By
Helene Braun
Summary
Mastercard is expanding its settlement network to support regulated stablecoins, enabling intraday, weekend, and holiday settlement alongside traditional fiat processes. This move aims to give financial institutions more flexibility in managing liquidity and bring blockchain-based payments deeper into the global financial system, responding to growing demand for real-time money movement.
Source
bskyMastercard expands settlement network to support regulated stablecoins and round-the-clock paymentscoindesk.comKey quotes
· 3 pulledMastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into the plumbing of the global financial system.
The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement as well as onchain settlement using regulated stablecoins.
The new capabilities will operate alongside existing fiat settlement processes and are designed to give financial institutions more flexibility in managing liquidity.
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