
Mastercard plans broader fiat and regulated stablecoin card settlement through 2026, while a separate report says Stripe, Visa and Mastercard are nearing a stablecoin platform launch with Coinbase considering participation.
Mastercard said it plans to expand settlement across its global payments network to support intraday, weekend, and holiday card settlement using fiat currencies and regulated stablecoins. Initial support is set to include Circle’s USDC, Paxos-issued PYUSD, USDG, and USDP, Ripple’s RLUSD, and SoFi’s SoFiUSD across Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo, and the XRP Ledger, with ARQ, formerly DolarApp, CBW Bank, Cross River, Lead Bank, and Nuvei among the expected early participants in the United States and Latin America. Separately, people familiar with the matter told reporters that Stripe, Visa and Mastercard are close to launching a new stablecoin platform and that Coinbase is considering participation. Together, the developments point to broader adoption of stablecoin-based payment infrastructure as major payments firms increase investment in blockchain-linked settlement systems.