Mastercard is accelerating stablecoin adoption in traditional finance by adding settlement capabilities for regulated stablecoins including USDC, PYUSD, RLUSD, and others alongside existing fiat currency settlements.
The payment giant will launch intraday, weekend, and holiday settlement services, expanding beyond traditional banking hours. The new system will be available across six major blockchain networks: Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL, providing institutional participants with broader infrastructure options for stablecoin-based transactions.
The expansion follows Mastercard's earlier partnership with Chainlink and represents a significant step toward embedding blockchain-based settlement into mainstream payments infrastructure. By enabling 24/7 processing through regulated stablecoins, Mastercard addresses a key institutional demand for eliminating banking hour constraints and settlement delays inherent to traditional payment rails.