Mastercard, Borderless test shared identity checks for stablecoin transfers

60-second summary

Mastercard and Borderless are testing shared identity checks for stablecoin transfers through Mastercard's Crypto Credential framework, aiming to increase trust in cross-border transactions. This collaboration leverages Mastercard's expertise in payment processing and Borderless's stablecoin capabilities, potentially expanding the use of stablecoins in international transactions and enhancing their adoption in the global market.