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Mastercard is moving deeper into stablecoin infrastructure, adding Ripple’s RLUSD to a broader settlement expansion that will allow issuers and acquirers to settle card transactions through regulated digital assets alongside traditional fiat rails. The payments giant said Wednesday that it plans to expand its settlement capabilities with intraday, weekend and holiday settlement options, as well […]
Read full articleRLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto Users Ripple said its USD-backed stablecoin, RLUSD, is […]
XRP’s 14th anniversary renewed attention on Ripple’s strategy and the crypto’s long-running community support. The milestone comes as Mastercard’s settlement plans add fresh enterprise relevance to XRPL. XRP Anniversary Highlights Community Growth and Long-Term Payments Ambitions XRP has turned 14, marking a milestone that has renewed attention on the digital asset’s longevity and role in […]
Coinbase and Circle shares have come under pressure after a CoinDesk report said Coinbase is weighing a role in a new stablecoin platform backed by Stripe, Visa, and Mastercard. CoinDesk reported that Coinbase Global is evaluating whether to participate in…
Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors across 150 countries, starting in Argentina.
The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on.
Mastercard said Wednesday it plans to open its global card-settlement network to regulated stablecoins, a move designed to let card issuers and acquirers clear card transactions directly on-chain. The company says the service will operate across eight different blockchains, extending on what it describes as “real-world utility” for digital assets. Alongside the expanded on-chain settlement approach, Mastercard also plans to introduce intraday, weekend, and holiday settlement cycles. Mastercard Moves Toward On-Chain Settlement In its announcement, Mastercard said the stablecoins include Tether’s rival, Circle, and its USDC stablecoin, which Mastercard noted is already supporting early on-chain settlement activity in select markets. Mastercard also listed stablecoins issued by Paxos, including PYUSD, USDG, and USDP. In addition, the company cited Ripple’s RLUSD and SoFi’s SoFiUSD as part of the initial stablecoin lineup for the network. Related Reading: Bitcoin Crash Explained: Binance
Mastercard said it's deepening its commitment to the "always-on" economy, buffing out its stablecoin settlement capabilities.
The Fed's focus on traditional banking stability over crypto signals a cautious approach, potentially delaying regulatory clarity for digital assets. The post Federal Reserve supervision report signals friendlier banking environment for crypto appeared first on Crypto Briefing.
