Mastercard Expands Stablecoin Settlement Support To Include Ripple’s RLUSD, Circle’s USDC

Mastercard (NYSE:MA) embarks on its next settlement infrastructure expansion for supporting stablecoins including Circle’s (NYSE:CRCL) USDC (CRYPTO: USDC), Ripple’s RLUSD (CRYPOT: RLUSD) and Paxos-issued PYUSD (CRYPTO: PYUSD).

Global Payments Network Expansion

Mastercard said the new capabilities will allow partners to settle card transactions using both fiat currencies and on chain stablecoins across Mastercard’s global payments network.

Initially, stablecoin settlement infrastructure will support USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD.

The assets will …

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