“Mastercard announced the launch of payments in steiblcons, partner Circle, Paxos and Nuvei. From now on, more than 150 million sellers connected to the MasterCard system will be able to accept payment in steiblcoins, regardless of the method of calculation of buyers. Today, we AnnounCed Our end-to-end capabilites to Support Stablecoins, Ensuring Payments Can Be Made or Receive Using them-Anytime, AnyWhere. Alongside Proven Leaders Across Web3, Finance […]”, – WRITE: Businessua.com.ua
Mastercard announced the launch of payments in steiblcons, partner Circle, Paxos and Nuvei. From now on, more than 150 million sellers connected to the system Mastercard, will be able to accept payment in steiblins, regardless of the method of calculation of buyers.
Today, we AnnounCed Our end-to-end capabilites to Support Stablecoins, Ensuring Payments Can Be Made or Receive Using them-Anytime, AnyWhere. Alongside Proven Leaders Across Web3, Finance and Fintech, We’re Empowending Consumers and Businesses to Use Stablecoins As Easily As… Pic.twitter.com/6uspmlnk9z
– Mastercard News (@MastercardNews) April 28, 2025
The company also released a crypto -debit card with the OKX Exchange. According to Mastercard Director Yorna Lambert, it creates a “holistic approach”: customers spend stiblcoins, and sellers receive payment in the same coins.
Mastercard noted that the use of steiblcoins significantly accelerates and cheaper payment transactions. For the development of payment systems with token assets, the company is already collaborating with Ondo Finance, JPMorgan Chase and Standard Charter.
The steiblcoin market is actively increasing: in a year, its capitalization has reached $ 230 billion (+54%), and the number of active wallets increased by 50%. The main share of the market is USDT and USDC coins (90%).
The USDC issuer, Circle, has recently received a permit as a financial provider from ABU-Dhabi regulator.
Earlier, Mastercard, together with the Kraken Exchange, released physical and digital cryptocurrencies.
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