Mastercard expands stablecoin settlement to USDC, PYUSD, RLUSD

Mastercard announced plans to expand its settlement capabilities, letting issuers and acquirers settle some card transactions using regulated stablecoins.

On Wednesday, Mastercard said the new capabilities will include intraday, weekend, and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing.

The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks