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Global payments giant Mastercard is expanding its global settlement infrastructure to support additional intraday, weekend, and holiday settlement windows, as well as on-chain settlement using regulated stablecoins, the company announced Wednesday.
The company said the upgrades will provide issuers and acquirers with more options for managing liquidity and settling card transactions beyond traditional banking hours. The enhancements are intended to work alongside existing settlement processes and support use cases such as cross-border payments, treasury management, and business payouts.
Stablecoin settlement will be available through a range of regulated digital assets, including USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD. Mastercard plans to support these assets across several blockchain networks, including Ethereum, Solana, Polygon, Base, Arbitrum, XRPL, Canton, and Tempo.
Initial ecosystem participants are expected to include ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei, with deployments beginning in the United States and Latin America before expanding to additional regions.
Mastercard said the initiative represents the next phase of its digital asset strategy, allowing financial institutions to access both traditional and blockchain-based settlement through the same network infrastructure while preserving established safeguards and operational standards.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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