Binance, PayPal and Ripple Join Mastercard Blockchain Payments Program

Mastercard officially launched its Crypto Partner Program with more than 85 crypto firms and financial institutions, according to the company’s announcement. The initiative is designed to connect blockchain-based payment functions to Mastercard’s global network for cross-border remittances, business-to-business payments and wider money movement infrastructure. Named participants include Binance, Circle, Ripple, Gemini and PayPal. Circle’s chief commercial officer said demand for payment-related crypto use cases is expected to expand, adding industry context to Mastercard’s push to integrate blockchain payment activity with established financial rails.

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