Mastercard Adds USDC, RLUSD, PYUSD to Global Card Settlement Across 6 Partners

According to Mastercard's official announcement on June 3, the payments giant added six stablecoins to its global card settlement network across eight blockchains. Supported stablecoins include Circle's USDC, Paxos-issued PYUSD, USDG and USDP, Ripple's RLUSD, and SoFi's SoFiUSD, operating on Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL.

ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei are among the first to activate stablecoin settlement optionality in the United States and Latin America. The rollout will continue globally through 2026, subject to local regulation, with additional regions and partners expected to be added.