Mastercard Expands Stablecoin Payments with OKX Partnership

Mastercard and cryptocurrency exchange OKX have partnered to launch the ‘OKX Card,’ offering merchants a way to settle transactions using stablecoins like USDC and USDP. This marks Mastercard’s expansion into the digital economy by enabling direct settlement of transactions using stablecoins within its merchant network. This move could significantly boost stablecoin adoption and liquidity globally, paving the way for mainstream integration of digital assets in everyday commerce.