Mastercard is broadening its digital asset strategy by introducing global stablecoin acceptance and payments capabilities in response to growing regulatory clarity and demand for efficient payment systems. The company is collaborating with key partners to make stablecoins usable across everyday transactions, allowing individuals and businesses to send and receive digital assets as easily as traditional currency. Mastercard’s approach includes wallet support, card issuance, and stablecoin acceptance through its network of over 150 million merchants. Notably, it has partnered with crypto platforms including MetaMask, Crypto.com, Binance, and Kraken to integrate stablecoin usage into conventional payment infrastructure.
As part of this initiative, Mastercard is working with OKX to launch the OKX Card, which will enable users to access and spend their funds directly from their digital asset wallets. In addition, Mastercard is teaming up with Nuvei and Circle to give merchants the option to accept stablecoin payments, including Circle’s USDC, regardless of the consumer’s payment method. This setup supports merchant settlement in digital assets, improving efficiency across transactions. Jorn Lambert, chief product officer at Mastercard, stated, “We believe in the potential of stablecoins to streamline payments and commerce across the value chain. Unlocking this is core to how we navigate the rapidly changing world, giving people and businesses the freedom they want by providing the choices they deserve.”
