Mastercard enables 24/7 credit card settlements using USDC, RLUSD, and SoFiUSD across Ethereum, Solana, and Base blockchains.
Mastercard is expanding its stablecoin settlement capabilities to include Ripple’s RLUSD, Circle’s USDC, and SoFi’s SoFiUSD for credit card transactions. The move allows issuers and acquirers to settle transactions intraday, on holidays, and weekends, supporting a 24/7 digital economy.
The expansion builds on Mastercard’s existing partnership with Circle, which already uses USDC for settlements in select markets. The firm previously collaborated with Ripple and Gemini to explore RLUSD settlements on the XRP Ledger. Settlements will now span Ethereum, Solana, and Base blockchains.
Mastercard’s EVP of Blockchain and Digital Assets, Raj Dhamodharan, stated the initiative aims to enhance liquidity and real-world utility for stablecoins in settlement processes. The firm’s network will offer additional flexibility for partners operating in global markets.