Mastercard expands on-chain settlement in bet on stablecoins and always-on finance

CoinDesk·

Mastercard expands on-chain settlement in bet on stablecoins and always-on finance

60-second summary

Mastercard is expanding on-chain settlement to accommodate growing demand for real-time money movement, particularly during weekends and holidays when traditional systems are closed. The company aims to offer stablecoin settlement, enabling faster and more efficient transactions. This move is a bet on the increasing adoption of stablecoins and always-on finance.

The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money.