Mastercard Expands Global Stablecoin Network: New Payment Solutions for Merchants

Mastercard is partnering with Nuvei, Circle, and Paxos to offer new stablecoin payment solutions to merchants worldwide. This strategic move aims to increase crypto adoption by streamlining transactions using stablecoins. Mastercard’s global network of over 150 million merchants will benefit from this alliance, allowing them to accept payments in stablecoins and settle transactions efficiently. Jorn Lambert, Mastercard’s Chief Product Officer, sees the potential for stablecoins to revolutionize commerce, enabling businesses with greater freedom and choice through digital payment solutions.