Mastercard Expands Stablecoin Settlement via Circle's USDC, Ripple's RLUSD and Beyond

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Mastercard Expands Stablecoin Settlement via Circle's USDC, Ripple's RLUSD and Beyond

60-second summary

Mastercard is expanding its stablecoin settlement capabilities, enabling merchants to accept a wider range of digital currencies, including Circle's USDC and Ripple's RLUSD. This move aims to support the "always-on" economy, allowing for seamless and continuous transactions. The development is expected to boost the adoption of stablecoins and further integrate them into mainstream financial systems.

Mastercard said it's deepening its commitment to the "always-on" economy, buffing out its stablecoin settlement capabilities.