- Mastercard will support USDC, RLUSD, and other regulated stablecoins for transaction settlement across its global network.
- The rollout adds intraday, weekend, and holiday settlement options to improve liquidity and payment flexibility.
- Initial partners include Circle, Ripple, Paxos, Cross River, Lead Bank, Nuvei, and other financial institutions.
Mastercard announced plans to expand its settlement network by adding regulated stablecoins alongside new intraday, weekend, and holiday settlement options. According to the company, the initiative will allow issuers and acquirers to settle transactions using either traditional currencies or selected digital assets, while improving liquidity management for time-sensitive payment flows across its global network.
Stablecoins Join Mastercard Settlement Network
According to Mastercard, the new framework will support Circle’s USDC and Paxos-issued stablecoins, including PYUSD, USDG, and USDP. The network will also add Ripple’s RLUSD and SoFi’s SoFiUSD as settlement options.
The company said these assets will operate across several blockchain networks, including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL. Mastercard noted that the stablecoin option will work alongside existing settlement methods rather than replace them.
Raj Dhamodharan, executive vice president of Blockchain and Digital Assets at Mastercard, said the expansion focuses on settlement utility and liquidity management.
First Partners Begin Rollout
The rollout will begin with a group of financial institutions and payment providers in the United States and Latin America. According to Mastercard, ARQ, formerly known as DolarApp, CBW Bank, Cross River, Lead Bank, and Nuvei will be among the first participants.
Álvaro Correa of ARQ, Kash Razzaghi of Circle, Luca Cosentino of Cross River, Jackie Reses of Lead Bank, Phil Fayer of Nuvei, Peter Jonas of Paxos, and Jack McDonald of Ripple all confirmed their organizations will support the initiative.
The company added that further expansion is planned through 2026, subject to regulatory requirements.
Network Focuses On Flexible Settlement
Mastercard said the expanded model is designed to support cross-border payments, treasury operations, and payout services where timing and transparency are important.
According to the company, partners will access both traditional and digital asset settlement through the same network infrastructure already used today. Mastercard added that existing security standards, fraud protections, and dispute processes will remain part of the system as the new settlement options become available.
