PURCHASE, N.Y.— Mastercard said it is launching a new global Crypto Partner Program, bringing together more than 85 crypto-native firms, payments providers and financial institutions as the company looks to deepen its role in the next phase of digital-asset payments.

In a new announcement, Mastercard said digital assets are moving beyond experimentation and are increasingly being applied to practical use cases such as cross-border remittances, B2B transfers, payouts and settlement. The…