Mastercard Boosts Global Payments with Comprehensive Stablecoin Acceptance Strategy
Mastercard has announced a major step forward in its journey to digitize global payments by launching an end-to-end stablecoin integration strategy, ushering in a new era of digital wallets, cross-border commerce and instant payments.
With a vision to build a flexible and crypto-friendly payments ecosystem, Mastercard is rolling out a global stablecoin support network, starting with strategic partnerships with OKX and Nuvei — two of the leading names in the digital payments and crypto space.
“Mastercard is driving the future of payments, finance and technology with a new end-to-end global stablecoin acceptance and settlement capability,” the company noted in an official announcement.
Global Stablecoin Network
Mastercard’s 360-degree strategy integrates stablecoins directly into the mainstream financial system, allowing users to use stablecoins as cash to pay, receive rewards, and transact right on the traditional Mastercard platform. To date, the system has been connected to more than 150 million payment acceptance points globally.
Mastercard is partnering with a series of major platforms such as Metamask, Binance, Gemini, Kraken, Bybit, Crypto.com, Bleap, and Monavate. These are names that play an important role in expanding access to stablecoins to mainstream consumers as well as e-commerce businesses.
One of the notable highlights is the launch of the OKX Mastercard, which allows users to spend stablecoins directly on the OKX wallet. At the same time, Mastercard also expanded the ability to accept USDC through cooperation with Nuvei and Circle — two leading partners in the digital payments field.
Real-time payments and multi-token networks
Beyond consumer transactions, Mastercard is also focusing on the infrastructure side with initiatives such as the **Mastercard Crypto Credential**, which enables user verification and transaction transparency in cross-border money transfers. Partners in the project include Wirex, Coins.ph, Bit2me, Notabene, Lirium and Mercado Bitcoin.
In addition, Mastercard is building and expanding the **Multi-Token Network (MTN)**, which connects deposit accounts to cryptographic digital assets. Major financial institutions such as JPMorgan Chase and Standard Chartered have begun testing MTN-based solutions to enhance payments capabilities within the traditional banking system.
The future of payments lies in stablecoins
Jorn Lambert, Mastercard’s global head of product, shared:
“We believe in the potential of stablecoins to streamline payments and trade across the value chain.”
Mastercard affirms that it will continue to accompany strategic partners to develop more modern, secure and transparent digital payment solutions, and is committed to shaping the future of global payments with stablecoins at the center.