TLDR Tech / Crypto
Mastercard Expands Onchain Settlement to 6 Stablecoins, 8 Networks
Mastercard expanded its onchain settlement framework to support intraday, weekend, holiday, and 24/7 settlement alongside existing fiat rails, covering six stablecoins (USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD) across Ethereum, Solana, Polygon, Base, Arbitrum, the XRP Ledger, and reportedly Canton and Tempo. The framework targets settlement timing and liquidity constraints that traditional banking hours impose, positioning stablecoin rails as a practical infrastructure upgrade rather than a speculative use case. Early adopters include Cross River, Lead Bank, CBW Bank, ARQ, and Nuvei, with Mastercard planning further expansion through 2026.
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