Mastercard Tests Stablecoin Settlement on XRP Ledger: Fastening Card Finance

MasterCard is collaborating with Ripple, WebBank, and Gemini to test a new approach for settling credit card obligations using RLUSD (Ripple’s U.S. dollar-pegged stablecoin) on the XRP Ledger. This pilot program focuses on institutional settlement between network participants rather than direct consumer use, but its success could impact how consumers experience their payments in the future. 🧠