Mastercard Enables Stablecoin Payments for Over 150 Million Merchants

Mastercard is taking a major step toward mainstream crypto adoption by partnering with Nuvei, Circle, and Paxos to enable stablecoin payments for over 150 million merchants on its global network. This new initiative allows merchants to receive payouts in stablecoins like USDC and Pax Dollar, regardless of the customer’s transaction currency. This move provides a seamless experience for both consumers and businesses interacting with digital assets.