Mastercard launches stablecoin payment support via partnerships with major crypto companies
Mastercard announced new stablecoin payment functionalities on April 28, aiming to enable consumers to spend stablecoins and merchants to receive them across its global network.
The company is collaborating with crypto-native and fintech partners, including OKX and Nuvei, to integrate stablecoins into traditional payment flows.
The initiative introduces a 360-degree framework covering wallet enablement, card issuance, merchant settlement, and cross-border remittances.
Mastercard’s chief product officer, Jorn Lambert, said:
“We believe in the potential of stablecoins to streamline payments and commerce across the value chain. Unlocking this is core to how we navigate the rapidly changing world, giving people and businesses the freedom…
